Post by
BetterP1cks on Sep 17, 2020 12:10pm
A bit of logic.
The one point that seems to be missed is that GIGA was attractive to TESLA becasue of its Green practices. That was the bottom line of the release. Now all Nickel prodiucers will incorporate the technology and improve on it. It's already happening.
Not saying GIGA does not have future, but do you want to sit on it for years, back at 60 cents? If you are a buy and hold type that might work for you. The insiders sold to get an early return. Now they can stuff their mattressses and wait for the real deal to hit.
As an aside, there are other Nickel mines with deep pockets going Green that will be very attractive to TESLA's US operations. And Elon's does not have to back a Billion dolar plus project. plus hydro, plus being many years out. I'm keeping GIGA on the radar for the future (5 years out), Cant see Battery Day sending this to the moon.
DYODD. Be aware of the hype. Best of luck. $1.20's EOD?
Comment by
KILOFINAL on Sep 17, 2020 12:37pm
Cool story bro. When you say "insiders sold to get an early return", who are the insiders that sold other than the cirporate secretary selling a few shares and possibly a Director? Did the CEO sell? Did the President sell? Did the CFO sell? $1.20 EOD?.....I hope so bro......cuz I'll load up.....
Comment by
Cider6000 on Sep 17, 2020 2:43pm
Do your Own Due Diiigence. DYODD Did you actually buy stock without checking on Canadian Insider ? https://www.canadianinsider.com/ Lots of other insider trade listings as well. Sedar etc.
Comment by
Hearne50 on Sep 17, 2020 2:57pm
https://www.canadianinsider.com/ I don't see Mark Jarvis selling..........the CEO of GIGA Metals........... Lyal Roy Davis and Leslie Young sellilng shares bears NO importance here.... THE CEO Jarvis hasn't sold..........it's all irrelevant.
Comment by
calgaryfine on Sep 17, 2020 3:27pm
https://www.gigametals.com/news/anthony-milewski-becomes-chair-of-giga-board-lyle-davis-steps-down-but-remains-as-director/ Lyle Davis steps down........ probably retiring soon....