Is GME undervalued?, page-3

I'll tell you why I decided to invest in GME. I first bought in about 10 years ago but when the nickel price dropped most companies like GME went into hibernation. I have now substantially increased my holding given the renewed worldwide interest in nickel re electric vehicles.

I find the following reasons compelling
-GME have a massive resource. 830 000 tonnes of nickel and 50 000 tonnes of cobalt. At 'current prices' this amounts to a resource of approx $15 billion
-the price of nickel is forecast to increase and the above figure could double or triple ?who knows
- The resource is next to Glenocore's Murrin Murrin nickel mine. Therefore infrastructure is already in place but it also makes us a potential takeover target. Glencore are one of the biggest mining companies in the world.
-Management know how to run a successsful company. During the nickel downturn they turned to mining gold and made a profit for the last 2 years.
-The 3 current members of the board own 90 million shares.
-GME's technology to recover the nickel is different to most others. They intend to utilise a "Heap Leach" approach which offers considerable cost savings. At the end of the day this is what may set them apart from most other miners.

GME's market cap is lagging well behind its contemporaries. It seems to be flying under the radar at present but I don't think this will last for long. I believe this provides a real buying opportunity.

I hope this helps but at the end of the day DYOR. For me this is a long term play.

Good luck to all holders.