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

Alternate Symbol(s):  V.GIGA.WT.A | GIGGF

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

TSXV:GIGA - Post Discussion

Giga Metals Corp. > Long term value
View:
Post by showmethemonies on Sep 18, 2020 9:28am

Long term value

A lot of hype around this company is being put on Battery Day and the possible connection between Giga and Tesla, but the real story with Giga is that it is a company with awesome potential with or without Tesla! They are sitting on $40 Billion in untapped nickel reserves plus another $14Billion in Cobalt - and that's in today's dollars! As nickel becomes more and more in demand the price will rise, and with it the value of Giga (and all other nickel mining companies).

On top of that, they are positioning themselves to take part in the green economy, with carbon neutral operations. This will put them ahead of other companies still doing things the old way. 

Don't get me wrong, I'm also super excited for battery day and hoping for some big news!! But to me this is definitely a buy and hold asset. Whether it goes up or down in the next several days is meaningless because in the long run this stock can only go in one direction, and that is up, Up, UP!!

Comment by calgaryfine on Sep 18, 2020 9:34am
Agreed.  When there's smoke, there's fire.
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