Bullboard - Stock Discussion Forum 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... see more

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TSXV:GIGA - Post Discussion

Giga Metals Corp. > Canadian nickel coin (5 cents)

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Post by calgaryfine on Jan 30, 2021 4:42pm

Canadian nickel coin (5 cents)

Current nickel price per pound= US$8.02
                                                       = US$8.02 X 1.28 (convert to C$)
                                                       = C$10.27

1 Canadian nickel coin(100% pure nickel) = 3.95 grams

1 pound = 453.592 grams
                = 114.8 Canadian nickel coins
                = 114.8 X 5 cents
                = C$5.74

10.27 divide by 5.74 = 1.789

Your Canadian nickel coin is more valuable than its face value.

354

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Comment by SeethingHedgie on Jan 30, 2021 7:57pm

Imagine believing that nickels are made out of nickel, in the current year. ISHYGDDT GIGA is garbage. Negative NPV in the PEA. Moar liek giga-yikes, tbh fam.

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