Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) is a junior mining company focused on exploring and developing its fully controlled Majuba Hill District. Majuba Hill is a copper, silver, and gold project covering 15.1 square miles in Reno, Nevada.
On January 2, the first day the Canadian markets opened in the new year, the stock closed at CA$0.23. Friday, January 10, 2025, the stock closed on the Canadian exchange at CA$0.295. This is a 28.26% increase from the start of the month, which was only 13 days ago. The stock is currently trading at the time of this article at CA$0.49, a little over 113% more than it was at the start of the month.
How did this happen?
I am not clairvoyant and cannot read the minds of all the investors in the stock; however, let's look at some of the fundamentals at play.
Majuba Hill
Majuba Hill is Giant Mining's flagship project. According to the company, "the property access, climate, and physical setting are all favorable." The area has standard weather for the location it is in, and is far away from major cities that there is not a lot of interference, but not so far from civilization that it could cause problems.
The company reports that the work they have already done shows that this area contains up to 660 million pounds of oxide/enriched copper in outcropping and near-surface mineralization that is mineable by open pit methods. They write, "Oxide/enriched Copper mineralization extends up to 490 meters (1600 feet) below the surface and is open in all directions."
On December 16, we at Streetwise Reports interviewed the geologist working at Majuba Hill to get their perspective on the project. In the interview, Senior Geologist Buster Hunsaker said he saw geology at Majuba Hill, which was similar to what he saw in previous mining companies he worked at. He started seeing a lot of copper, and the rest was "serendipity."
This led to Hunsaker buying Majuba in 2007. He had since leased it out to other companies but found that BFG allowed them to work on the science that comes with exploration, so they stayed with them.
"At CA$0.35 per share, Giant Mining Corp. offers significant upside potential," said John Newell of John Newell and Associates.
As for the property itself, Director and Geologist Larry Segerstrom noted, "We knew (Majuba Hill) historically has already produced copper, silver, gold, and tin from mineralization that is open below and laterally."
He continued, "One of our major goals now is to define the geometry of the existing body as well as the newly discovered bodies," he continued. "So, there are going to be potential hosts as well for this mineralization."
As for outside analysis, John Newell of John Newell & Associates wrote about the property on September 9, 2024.* Newell stated, "Situated in mining-friendly Nevada, the Majuba Hill property offers an excellent combination of geology, infrastructure, and location. Nevada is a top-tier mining jurisdiction known for its strong regulatory support, extensive infrastructure, and access to a skilled workforce."
In the article, Newell reviewed copper's critical role in the economy, and reviewed the history and upside potential of the project. He also pointed out that he believes Giant Mining has a formidable team, calling them both "experienced and capable." Overall, Newell concluded that "with its prime location in Nevada, robust infrastructure, promising geology, and strong potential for large-scale copper production, Giant Mining Corp. stands out as an attractive speculative play in the junior mining space. The company's systematic exploration of the Majuba Hill property could unlock a world-class copper resource, capitalizing on the growing demand for copper driven by the electrification of the global economy."
Recently Closed Financing
As for being funded to make moves on its property, Giant Mining also announced this morning, January 10, 2025, that it closed the final tranche of its non-brokered private placement, which was initially announced on December 4. This private placement was composed of an additional 6,375,000 units in the capital at a price of CA$0.10 per Unit for gross proceeds of CA$637,500.
In the press release, Giant Mining announced that this financing coalesced with its the closing of the listed issuer financing exemption non-brokered private placement (the "LIFE Offering"), the company has CA$$3,367,024.80 in total gross revenue from its money raised.
In the press release, President and CEO David Greenway showed optimism about this financing, as it will allow the company to continue its 2025 drilling program.
He stated, "We are excited to close this private placement and move forward with our drilling program for 2025. These funds will enable us to unlock the true potential of our properties, enhancing their value while addressing the growing demand for copper, a critical resource for the electrification of the world's economy. As industries like data centers, artificial intelligence, and renewable energy continue to expand, the need for copper becomes even more vital. Giant Mining is proud to play a key role in meeting this demand and contributing to a sustainable, innovative future."
Why Copper?
According to an article by Reuters, BHP's chief commercial officer Rag Udd stated, "As we look towards 2050, we see a 70% surge in global copper demand to 50 million tonnes annually, driven by copper's role in existing and emerging technologies, and in the world's decarbonisation aspirations."
However, in a January 9 article from Bloomberg, published on Yahoo! Finance, the author noted a disconnect in the silver and copper markets due to fear of President-Elect Donald Trump's proposed tariffs. The article starts by stating that both copper and silver futures in the United States are flying high above international price benchmarks, most likely due to the threats Trump has made to intact tariffs on metals.
"Giant Mining is therefore rated a Strong Buy for all time horizons," wrote Technical Analyst Clive Maund.
The silver market is also reported to be experiencing huge premiums. similar premium situations are also occurring in copper markets, according to the article. However, Trump's ultimate actions remain unknown as he is not yet in office. The author opines that these price disconnects create both opportunities and risks for investors, believing that this may lead to market squeezes in both metals, but primarily silver.
In a January 2 article, Dean Belder, writing for Investing News Network, reviewed what he thinks 2025 has in store for the copper market. He reported that the top two factors that will impact copper in 2025 are Trump's tariff plans, as stated above, and China's economic recovery. Belder wrote that China's economy had been a major inhibitor for copper in the past, but the country is working on reversing these issues. Belder said, "While these measures may not be felt for some time, kickstarting the Asian nation's real estate sector could be a boon for copper producers and investors."
He also shared an email he received from Wood Mackenzie's research director for copper, Eleni Joannides. Joannides wrote that they believe copper will suffer if demand takes a hit due to Trump's tariffs. While this is in play, Joannides wrote about China's part in the copper market, saying, "If the Chinese real estate market were to post a recovery, this would see domestic demand for copper tick higher and could lead to a tighter supply and demand balance overall, assuming all other things remain unchanged. This would underpin even higher prices than we are currently projecting." Overall, Joannides feels copper has been "underinvested" in. Yet Joannides feels this may change with increasing technology and brownfield expansions.
Copper is also affected by the increased demand for electric vehicles, as it is a key component in making them. As stated in Giant Mining's investor presentation (page 10), it takes 183 pounds of copper to produce an electric vehicle. This copper is needed for multiple components of the car, including the wiring, batteries, and motors.
According to Statista, the electric vehicles market is expected to reach US$828.6 billion worldwide in 2025. And while short-term copper demand may face volatility due to socioeconomic factors, S&P Global Commodity Insights reported (page 11) that "global copper demand is forecasted to grow
incrementally by 2%-3% year on year to 2035."
2024 Achievements & New Market Awareness
While copper had remained mercurial in 2024, Giant Mining believes it stayed steady. In an aftermarket press release on January 10, 2025, the company reviewed its 2024 year and shared some news revolving around its marketing. You can view the 2024 outline here.
As for 2025, the company stated that Majuba Hill will continue to be its focus in 2025., writing, "The company and its world- class advisory team and global stakeholders remains unwavering in its belief that Majuba Hill has the potential to become one of the next great copper deposits and a future supplier of this critical red metal for both the United States and the global market." The release went over Majuba's main characteristics, which can be reviewed here.
In this release, Giant Mining also points out the closing of the private placement mentioned above and shares new information about a new advertising agreement. This agreement began on January 8, 2025, with Gold Standard Media LLC. In this agreement, Gold Standard and its affiliates will provide Giant Mining with advertising services. On the same date, Giant Minin also entered into an advertising agreement with Future Monday Trends LLC and reentered its relationship with Plutus Invest & Consulting GmbH.
A Major Bull Market Ahead?
*In a January 13 update, Technical Analyst Clive Maund reviewed Giant Mining's charts. Maund starts his analysis by looking at the 5-year and 1-year charts before reviewing the 6-month chart, seen below.
In his analysis, Maund states, "On the 6-month chart, we can see recent action in more detail, and whilst the price is temporarily constrained by the short-term overbought condition shown by the RSI indicator, the still negatively aligned moving averages and the resistance towards the upper boundary of the Saucer, price / volume action is improving rapidly so these constraints are not expected to hold it in check for long. After perhaps a brief period of consolidation or a minor reaction back toward the Saucer boundary, the price is expected to break out into a major bull market."
He continues, "The dramatic spike in August shows what this stock is capable of, and even though it would perhaps be unrealistic to expect a repeat of that in short order, especially as the number of shares has risen somewhat, the number of shares in issue is still modest, so a big move is very possible from the current low price."
Maund concludes his article by saying, "Giant Mining is therefore rated a Strong Buy for all time horizons, with an awareness that a minor period of consolidation or slight dip is possible before it breaks out, which would be taken as an opportunity to buy more."
Significant Upside Potential
On the same day as Clive Maund, John Newell shared his updated technical analysis of the stock. He wrote, "Giant Mining has moved from under CA$0.20 cents to a high of CA$0.39 cents and pulled back. We are looking at the gap made in September 2024 to be filled with our first area being CA$0.55, then the previous back price resistance area, and a bigger picture target. The shares have built a strong base here, which suggests the lows are in, and the shares can advance from here."
Newell shared the chart below and said, "At CA$0.35 per share, Giant Mining Corp. offers significant upside potential. Its tight share structure (47 million fully diluted shares) and insider ownership of 20% reflect strong alignment with shareholder interests. With a market cap of CA$7.6 million, the company remains undervalued given the scale of its asset and progress to date."
Newell concluded by saying, "Giant Mining Corp.'s (CSE: BFG; OTC: BFGFF; FWB: YW5) systematic approach to exploration, coupled with its strategic focus on high-grade copper assets, positions it as a standout player in the junior mining space, making the shares timely at current prices. As demand for copper continues to rise, Majuba Hill's potential as a major discovery could drive substantial value for shareholders."
Streetwise Ownership Overview*
Giant Mining Corp. (CSE: BFG;OTC:BFGFF;FWB:YW5)
"For investors seeking exposure to copper and the electrification revolution, Giant Mining Corp. represents a speculative yet compelling opportunity. With critical milestones on the horizon, now is the time to keep a close eye on this emerging giant."
Ownership and Share Structure
According to Giant Mining Corp., approximately 14.8% of its shares are held by insiders. The remaining shares are held by retail investors.
Giant Mining Corp. has a market capitalization of approximately CA$12.08 million.
The company's shares are traded on the Canadian Securities Exchange (CSE) under the ticker BFG, on the Deutsche Boerse AG (DB) under the ticker YW5, and on the OTC Pink Sheets in the U.S. under the ticker BFGFF, with these listings active since December 2017.
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Important Disclosures:
- Giant Mining Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. In addition, Giant Mining Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
- As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Giant Mining Corp.
- Katherine Del Buono wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
For additional disclosures, please click here.
* Disclosure for the quote from the John Newell article published on September 9, 2024
- For the quoted article (published on September 9, 2024), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
- Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
John Newell Disclaimer
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.
* Disclosure for the quote from the Clive Maund article published on January 10, 2025
- For the quoted article (published on January 10, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
- Author Certification and Compensation: [Clive Maund of clivemaund.com] is being compensated as an independent contractor by Street Smart, an affiliate of Streetwise Reports, for writing the article quoted. Maund received his UK Technical Analysts’ Diploma in 1989. The recommendations and opinions expressed in the article accurately reflect the personal, independent, and objective views of the author regarding any and all of the designated securities discussed. No part of the compensation received by the author was, is, or will be directly or indirectly related to the specific recommendations or views expressed
Clivemaund.com Disclosures
The quoted article represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities.
