Bullboard - Stock Discussion Forum Giga Metals Corp. V.GIGA.WT.A

Primary Symbol: V.GIGA Alternate Symbol(s): GIGGF

Metals & Mining Industrial Metals & Minerals

Giga Metals Corporation is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties in Canada. The Company’s core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few undeveloped sulfides nickel and cobalt resources. The Turnagain property lies immediately north of the Turnagain River near its confluence... see more

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TSXV:GIGA - Post Discussion

Giga Metals Corp. > PEA Finally...

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Post by AudioJedi on Oct 27, 2020 8:28pm

PEA Finally...

GIGA Metals Corporation just filed a news release on SEDAR https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00010348&issuerType=03&projectNo=03126715&docId=4819750

Shorts are gonna have a field day with GIGA, NKL & MVAI. They'll utilize all sorts of real-life past & present company made errors as legitimate counter measures to suppress success like you've never seen before. Perhaps mgmt will induce a self inflicted buyout to side step the barrage and exit with whatever dignity they can muster then rely on NKL royalties as their dog? Right now, any way you look at these 3, the veneer looks great but the inside is full of rotten wood. IMO/DYODD/GLTA

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Comment by NickelShill on Oct 28, 2020 1:25am

These numbers are really, really bad. 6.3% pre-tax IRR barely matches inflation, after tax, on a multi-billion capital outlay. Compare this with a 22.5% pre-tax IRR for FPX Nickel's recent PEA, which also has the potential added upsides of iron ore byproduct and additional ore bodies. Did they just release this on SEDAR with no news announcement because it's manifestly obvious that it ...more

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