Giga Metals Corp. V.GIGA.WT.A

Expectations for Battery Day........

[mrmomo]

Hello folks......I expect "quite" a day today for Giga's stock price, volatility will be an understatment for sure. For those that took the message from my last post seriously and acted upon it, good for you. It means you get what is at stake here and what a rare opportunity this investment is at these levels, which imo far outweight the risks involved. For those that are still non-believers in the company's potential or in its capacity to deliver, well, you'll just have to sit on the sidelines as a spectator for now and play it safe. When the temptation is too great to resist, you will either be one of the late comers fomo crowd paying multiple times what it's trading today or be left out in the dust permanently. Is this a risk? Yes it is. But imo a well calculated risk well worth taking considering the whole enviroment in Ev's, which i believe is in the process of a huge paradigm shift in the economy. Like that saying goes, "There is no gratifying or reasonable reward at the end of that tunnel without taking an equal risk".

As for my expecations for this glorious day, i remain quite confident that Mr. Musk will announce some sweeping changes to battery technology, production & sourcing and maybe just a few little surprises. Imo, i don't believe he will name "Giga Metals" specifically into his new plans BUT it will probably be a more general statement which will affect the whole sector and put companies like GigaM on the radar of the majors. If he does single out Giga, well, this would only be the pervurbual cherry ontop. The statements that he will most likely make will be in reference ot the changes in battery manufacturing & the strain it will place on sourcing/securing raw materials for increased production. As i expect that he will probably state a few changes in the composition of those "new" batteries, with probably a much higher nickel content to increase energy density and maybe phasing out completely the Cobalt.....at some point in time. This in turn will most likely place a huge strain on nickel supplies in the next 5 years, as demand will greatly outpace supplies. If my assumptions are correct here, I would not be surprised to see nickel prices rise substantially in the next 12 months.

As it relates to Giga Metals, it should be a momentus year end. Assuming there are no major glitches with the upcoming elections & no economic meltdowns, i could reasonably see Giga's stock price Xfold from current levels. This would be accomplished WITHOUT any sort of deal from Mr. Musk/Tesla and just soley based on the current economic environment. If any targeted link between Tesla & Giga is made or confrimed, well, i guess you COULD imagine where the stock price COULD really go..............

So basically my expectations are low, muted & quite pragmatic concerning Giga but the repercussions of what could be said will be everlasting & quite earthshattering to parts of the economy and some idustry. Enjoy the day folks.


Good luck to all........

[mainerisk]

Tesla has been in talks with Canadian nickel miner Giga Metals about partnering on a mine that would give the electric-car maker the ability to obtain low carbon nickel needed for its batteries, according to Reuters. The company recently secured its cobalt needs in a deal with commodity trader Glencore.

[KohKut]

All fake news......GIGA has nothing going on with Telsa and in about 8 hours you will have your answer. EMM the true winner, just watch/learn how this unfolds.

[Gordanno]

This post has been removed in accordance with Community Policy

[Apollo6666]

Someone is going to partner with this massive Nickel deposit. So much coverage & exposure now. When this goes should be like last time x more. The short covering will be frantic. Huge potential Giga in the right lane. DYODD

[calgaryfine]

Thanks to Reuters, free advertisement for Giga Metals for potential suitors.  Tesla is just one of them.

[calgaryfine]

Well said.