Giga Metals Corp. V.GIGA

Alternate Symbol(s): V.GIGA.WT.A | 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 with Hard Creek, 65 kilometers east of the community of Dease Lake. The Turnagain Nickel property consists of approximately 71 claims that covers approximately 38,681 hectares. The Turnagain Nickel property covers the known extent of a zoned, Alaskan-type ultramafic intrusive complex in fault contact with Paleozoic to Early Mesozoic graphitic sedimentary rocks along its northern and eastern margins.

TSXV:GIGA - Post by User

Giga Metals Corp. > Ain't Gonna Happen!

<< Previous

Bullboard Posts

Next >>

Comment by NickelShillon Sep 22, 2020 1:30pm

129 Views

Post# 31598009

RE:RE:Ain't Gonna Happen!

He's not wrong. Take a look at FPX and their recently released PEA. Similarly large-scale deposit. Unique form of mineralization (awaruite) with incredibly low C1 costs due the lack of smelting on the process flow sheet. No sulphides in the tailings + similar carbon capture = greener than GIGA. GIGA needs a nickel price of ~$9/lb to break-even. FPX's PEA stipulates a $1.72B NPV at a nickel price of $7.50/lb. And this is just one of their five properties (Vann could be more promising than Baptiste), without accounting for any iron ore byproduct credits. Huge additional upside. You are the one in denial.

KILOFINAL wrote: that's really funny bro! Glad to see you're in denial LMFAO

Contrarian333 wrote: There are many nickel deposits that should be developed before GIGA's property.