1) the supply and demand for the resources they have will continue to drive nickle cobalt copper etc prices higher. There will not be enough supply for the demand.
Mark Jarvis, the Canadian company’s CEO, says the project is one of the most significant undeveloped sulphide nickel and cobalt resources in the world and “could provide an ethical and environmentally sustainable long-term supply of nickel for the North American and European electric vehicle markets.”
2) immediate catalysis is Gold Investment letter folks are being encouraged to get in at these prices.
This has been true for long time and Giga is an undervalued play on this. Only question is how long before market rewards Giga price to come closer to a fair value.
I was in this awhile back but didn't want to wait it out. I had little doubt it would someday pay off big. Still believe that and have reached my fomo point again.
My two-cents. We have seen the stock rally before as in about 2 weeks ago to .432. It retraced to seemingly try to fill the gap left at .3247. (In this, I mean after the initial "TESLA" Hype that took it to near 70cents) It got down to .3302 but didn't quite fill the gap.
This time, I believe the rally was to reach the 45 cent "options" number that was listed in the latest news release "options granted" on October 27th.
I believe we will see a "gap-fill" now that the 45 cent option price was hit.