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Giga Metals Corp V.GIGA

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

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 sulfide nickel and cobalt resources. The Company has an 85% interest in Hard Creek, which itself has a 100% interest in the Turnagain Nickel Cobalt Project located in the Liard Mining Division in northern British Columbia, approximately 65 km east of Dease Lake. The Turnagain Nickel-Cobalt Project has over 73 mineral claims with a total area of approximately 39,848 ha. It hosts the Horsetrail nickel-cobalt deposit. 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

Bullboard Posts
Post by Everchos3non Sep 15, 2020 12:50am
516 Views
Post# 31558287

Change on Giga Metals Corporate vision page - and my 2 cents

Change on Giga Metals Corporate vision page - and my 2 cents

I noticed on an earlier post that someone said what the company had posted on the corporate vision page was suspicious (his exact words were 'criminal'). That being they displayed a Tesla Gigafactory which was definitely insinuating a partnership. That image was removed mid way through the day today which i thought was interesting.

The page in question can be found here:
https://www.gigametals.com/corporate/corporate-vision/


As to what we can glean from that I have no idea. Either they were like oh boy that is too obvious we are giving it away. Or they went overboard with the hype and then realized their mistake and took the image down. Honestly I have no idea. As a Tesla shareholder I think in principle it would be amazing if they had a mine directly feeding them nickel. But I don't have enough knowledge as to if the costs are feasible or realistic. I'm not a mining expert.

I feel that if Tesla was going to start securing itself nickel, the time would most definitely be now given that over the next 5 to 10 years they are going to seriously ramp up production to an unbelievable level. And if they have some sort of proprietary battery tech then perhaps they become battery exporters to other oem's. So it seems to make sense that they would develop this partnership with Giga Metals.

Lastly for what it's worth I just want to say I was a shareholder of Giga but sold after the recent runup. I am still a tesla shareholder. I have no idea what the share price will do. Long term, like 10 years from now I am sure this stock will be worth a lot. Who knows how quickly it will go up though.

Bullboard Posts