Giga Metals Corp. V.GIGA

So what do think about Giga Metals and all rumors?

[Orions]

I guess you are all aware about that Tesla might buy this corporation hence why the stock has been going up like crazy (maybe not now though)... I've been reading around about this company to see if something confirms the buy, but one thing I got suspicious about is that why is management of GIGA dumping all their shares? Look here: https://ceo.ca/api/sedi/?symbol=Giga&amount=&transaction=&insider= Could all this just some kind of insider information? I mean Giga Metals put a picture of Tesla in their website but later removed it and now their official Twitter account is temporarily restricted... Do you think this is only a pump and dump scheme?

[BetterP1cks]

Good points. From the Stockhouse Editorial. The Company’s president, Martin Vydra, commented on this via a news release, stating that there is no material announcement forthcoming. “It is evident that interest in sustainable and carbon neutral nickel production is driving renewed interests in deposits such as Turnagain as the world will need significant nickel to meet future EV demand

[Orions]

I also think this is all pump and dump stock (as for now at least)... If nothing changes tomorrow I might sell my stocks I have with them, since I bought it when it was 1.68 CAD and 1.53 CAD... As of now I'm negative, but I rather lose the money I now, instead of losing everything when it goes back to like 0.4 CAD if Tesla doesn't announce or mention it in battery day :/

[calgaryfine]

Likely Tesla provides financing in exchange for equities and nickel long term off take agreement.