Post by
calgaryfine on Sep 16, 2020 11:22am
Why insider sold 85% of holding?
That is the fundamental question? Is it because Tesla will only offer purchase contract; without financing the mine, which needs billions to get it started? Will GIGA offer share placement to Tesla at steep discount to current price(e.g. $1) to finance the mine?
Comment by
chry200030 on Sep 16, 2020 11:40am
Scary to say the least...!
Comment by
Hearne50 on Sep 16, 2020 12:28pm
The "talk" about insider selling is totally irrelevant to the real picture going on here.....those insiders will NOT know anything about the talks with Tesla. They took gains that they are privaledged to like you and me. The CEO will be keeping all this very close to his chest so let's not get carried away.
Comment by
BetterP1cks on Sep 16, 2020 12:36pm
So, a Billion dollars without Hydro to develope. Guessing 5 - 7 years to production after they pull the trigger. Tesla having many other options. Insiders can take the cash, and be very happy. If Tesla comes along it will be a bonus. But for now speculation....