Bacanora Lithium Share Discussion Threads

[marvelman] 30/10/2019 08:21

My thanks to rimau as I had not spotted it previous to him posting...saved me money and I hope it did the same for others on here.

rimau1
15 Oct '19 - 17:56 - 4646 of 4695
0 0 0
Plenty of selling due to Seckers comments yesterday about tapping existing equity investors, he basically confirmed another placing is on the way IMO. mid 30’s is a decent exit point for those that bought at 18p and up to mid 20’s, i would certainly reinvest at those levels again. Unfortunately there is inevitably more dilution to come.

[marvelman] 30/10/2019 08:17

Secker has already informed the market that a fund raise is a certainty "in the next few months" so why be holding any until the strike price is announced. That interview was an eye opener for anyone who had been a holder at the time.

[r65767] 29/10/2019 15:55

The cost/profit ratio is still favourable. One of the best. No reason to mothball. Need to be brought into production ASAP. They have guaranteed offtake for all they can produce.

[shieldbug] 29/10/2019 15:17

Grant options one day and mothball the next?

[johny cash] 29/10/2019 12:25

Mothball delay would have to be reported.

[pugugly] 29/10/2019 11:02

FT reports delays in comissioning new lithium production due to over supply and weak forward pricing - Could BCN be moth-balled until demand/pricing recovers?

[johny cash] 29/10/2019 10:17

This is hardly hardcore selling. Volume is not backing up the move. Aa few stops will have been triggered. Back up by end of week.

[fqr714bhp] 25/10/2019 15:34

What is it with the fuc*ing selling today????

Does some one know some thing we don't????

[jamesrobbins] 21/10/2019 17:40

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2185-tsx-venture/giga/68323-giga-metals-provides-turnagain-project-update.html

[jamesrobbins] 21/10/2019 17:39

https://www.gigametals.com/ceo-blog/mark-jarvis-president-and-ceo-giga-metals-corporation/

[jamesrobbins] 21/10/2019 17:39

https://www.gigametals.com/ceo-blog/o-m-town-hall-meeting-nyc-june-2019/

[jamesrobbins] 21/10/2019 17:38

Choking off the supply of nickel ore to China's mainland stainless producers will generate a supply shock to a market already worrying about whether there will be enough metal to meet the expected needs of the electric vehicle battery sector.

[jamesrobbins] 21/10/2019 17:34

While lithium is a major part of electric vehicles nickel also plays a big part which GIGA metals hopes to fill the demand in coming years. Nickel stocks: As LME nickel stocks fall further, demand for physical delivery of the metal also grows with fears of short supply. LME nickel stocks declined by 7.4kt yesterday- the second biggest one-day withdrawal on record, and resulting in almost 32kt of nickel being withdrawn over the past week. Current LME nickel inventories stand at 126kt, which is a seven-year low, while another 75.4kt is earmarked for withdrawal in the coming days. Most of the withdrawals were seen in Asia, where Indonesia is a major supplier of the metal. Tsingshan Holding, a large stainless steel producer was reportedly taking delivery of the metal. Meanwhile, with SHFE nickel inventory standing at 22kt, it is marginally above this year's lows of around 9kt; however, that is still significantly lower than the peaks of more than 112kt in 2016. Anyone invested here might want to diversify portfolio? GIGA is on the TSX EXCHANGE, can be traded between 14:30 and 21:30

[jamesrobbins] 21/10/2019 12:19

Seckers approach to the markets has been a shambles from start to finish and has not done us any favours.

[jamesrobbins] 21/10/2019 12:08

A must watch video regarding nickel and the electric vehicle boom coming. Much better investor relations as well with this company. - https://gigametals.com/ceo-blog/crux-investor-interview-with-matthew-gordon-ptolemy-capital/

[jamesrobbins] 21/10/2019 12:06

On another note I'm building up a substantial holding in a nickel explorer on the TSX exchange called GIGA metals. It is a long term hold over next 3 years but with Indonesia export nickel ban at the end of this year prices will only build.

[momentum1] 18/10/2019 12:42

Back to 40p.

[cpap man] 18/10/2019 12:02

Full ask now @ both BCN & KAV for that 100k - Next ones higher?