Post by
mrmomo on Sep 17, 2020 10:23am
Don't have to be a genius.....
To see where this going. This price action recently & the enormous spikes in price are ALL related to some possible links with Telsa. Is it possible they inked a deal with the big guy? Well, if one actually understands Mr. Musk including philosophies & politics, then you only need to put to 2 & 2 together and you find out it REALLY adds up to four. There are solid & calculated reasons why he built the gigafactory in Neveda and securing raw cheap material is a big one.
If one actually understands that there aren't that many nickel producers in North America to provide Tesla with the raw material they need, then you start to understand the importance of Giga's mine. This with the reluctance of Mr. Musk to depend on foreign supplies that don't adhere to his philosophies & his person only makes this mine so much more critical. For those that don't recall or afe not aware, Mr. Musk has ALWAYS & CONSTANTLY stated that he doesn't want any "blooddiamond" type mining ore to go into his product and he WOULD prioritize ANY producer who carbon neutral or conscient. He was NEVER swayed from this mindset. Therefore is Giga's nickel mine worth anything? You bet ya! As they tick EVERY box MR. Musk has laid out, irregardless if the mine production is some years out. Imo, and this only an asumption, if this mine is so important to Mr. Musk, he WILL provide the neccessary funding to ACCELERATE its progress probably cutting estimated production timline by half. As we all know, nothing is impossible for Elon when he puts his mind & money to achieving those goals.
Anywhoo....this is my rant on this subject. I was a long time follower of this company up to when commodity prices collapsed and Giga & the whole sector was left for dead. Until Elon decided to built a supermega plant in the middle of a desert and reserrected the dead. Imo, in a few years, Giga be synonymous with the Tesla brand and will be worthy of it's ticker.
Good luck to all.....
Comment by
Apollo6666 on Sep 17, 2020 11:08am
Good post, you are correct on the culture of TESLA, an amazing company building machines for the world. Soon everyone will want a battery operated vehicle. A Tesla vehicle will become like a IPhone or smart phone, everyone will want one. The rest of the vehicles will look like a flip phone. Giga, huge potential, in the right lane. DYODD