Post by
calgaryfine on Nov 15, 2020 1:40pm
Fraud?
If Giga Metals is under investigation, trading will be suspended. Is trading suspended? If you have proof, go to the relevant authority and file a complaint. Those guilty will be prosecuted. Any Tom or Mary can write a blog article.
The fact is Giga Metals has a 37 to 40 years supply of Class 1 nickel and cobalt which every EV needs and wants. Unless its minerals assay is inaccurate. Everyone agrees that there will be a shortage of Class 1 nickel in the future.
https://www.kitcometals.com/charts/nickel_historical_large.html
Current nickel price is about $7.17/lb. As nickel price rises, Giga Metals NPV rises. For example, nickel price $9/lb, Giga Metals estimated NPV $4.06
Comment by
NSPfacts on Nov 15, 2020 7:26pm
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Comment by
PeterMClausi on Nov 16, 2020 9:58am
Regulators don't halt trade or cease trade a company during an investigation. Doing so punishes the innocent further,
Comment by
calgaryfine on Nov 16, 2020 3:24pm
Spoken to BCSC, They will look into all complaints submitted to them. Will refer to relevant department for further action if warranted. It has been more than 2 months since. No action was taken.
Comment by
Gordinno on Nov 18, 2020 12:24pm
Invetigations can take quite some time.Interviews with all partys involved,going thru all deleted pics and files on website and in office.Takes awhile
Comment by
NSPfacts on Nov 19, 2020 12:41am
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