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Giga Metals & The Lassonde Curve

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Wed, December 1, 2021 at 12:00 PMendedReplay
Giga Metals & The Lassonde Curve

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Speaker profile Mark Jarvis

Mark Jarvis

CEO at Giga Metals

Mr. Jarvis has more than 30 years experience in exploration and development of mineral resources, both in oil and gas and metals. After a career in financing exploration projects as a stockbroker, Mr. Jarvis moved to the corporate side of the business in 1996. He joined the Board of Ultra Petroleum, which at the time was a small oil and gas exploration and development company with a large, unconventional gas deposit. As Director responsible for Corporate Finance, he raised the equity capital necessary to prove the concept and to establish enough production to finance further growth with debt. Mr. Jarvis became CEO of Giga Metals Corporations predecessor company in January 2004. During his tenure, the company has drilled off a giant nickel/cobalt deposit, worked out a reliable metallurgical circuit, and published a Preliminary Economic Assessment.

Replay transcript excerpt

Speaker 1: Well, hello everyone and welcome to Giga Metals Live Summit today, hosted by 6. I'm joined today by Mark Jarvis, Giga Metals CEO. Speaker 1: Before we jump in, I want to remind you all that you can submit your questions at any time on the Q&A panel on the right-hand side of the screen, and we will make sure to get to them after the discussion. Speaker 1: But just to kick things off, Mark, Thank you so much for joining me today. What is the Lausanne curve? Speaker 2: Well, the Lausanne curve was Speaker 2: something Speaker 2: created Speaker 2: by Pierre Lausanne, Speaker 2: who was a famous, extremely successful Canadian mining stock investor. Speaker 2: He was 1 of the founders of the company Franco-Nevada, Speaker 2: which was the 1st royalty company in the mining business. Speaker 2: And so he put this curve together Speaker 2: just as a way to illustrate the various stages in the life cycle of a mining company and what that meant to investors. Speaker 2: So 1st of all, you've got a junior company, Speaker 2: you're Speaker 2: looking for a discovery, you're looking for gold, you're looking for copper, maybe you're looking for diamonds and you find nickel, Speaker 2: but Speaker 2: you're kind of looking away, not much is happening. Speaker 2: And then wait a minute. You drill a big hole. You've made a big discovery. Speaker 2: Boy, is that exciting. Speaker 2: And, you know, you don't know how big yet. You know, you've only got 1 hole. Now you've got 3 holes. Speaker 2: Looks like it could be real Speaker 2: because Speaker 2: the other holes are Speaker 2: almost as good as the 1st hole kind of thing. Speaker 2: And the stock price just goes crazy. It's volatile, It goes up and down, gyrates around. Speaker 2: Then you drill a lot more holes, Speaker...

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