Bullboard - Stock Discussion Forum Giga Metals Corp V.GIGA

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

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 sulfide nickel and cobalt resources. The Company has an 85% interest in Hard Creek, which itself has a 100% interest in the... see more

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TSXV:GIGA - Post Discussion

Giga Metals Corp > Why would a strategic investor put C$35M into Giga Metals

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Post by calgaryfine on Dec 07, 2021 11:58am

Why would a strategic investor put C$35M into Giga Metals

to bring it to the next stage when it can take over with a similar amount(which is peanut)? A clean buyout has full autonomy.

Did I miss out something?

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Comment by Rambeau on Dec 08, 2021 1:12pm

Not missing a thing except the price of buying the company is a lot more than C$35M. My shares have a price tag of $5.00 each. Every other shareholder has their own price and judging from the low volume on this stock, most holders have a price that is a lot higher than today's prices. Good luck buying up enough shares to have a controlling interest in this company. A clean buyout is even more ...more

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