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GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.


ARCA:BAR - Post by User

Comment by BCdudeon Mar 13, 2021 7:11pm
186 Views
Post# 32793876

RE:RE:Imagine

RE:RE:ImagineHey alleyesonme, Yes, I share UGE with a somewhat heavy heart because I hope to add a few more shares at some point. However, I figure I'm building some good karma. Some good stock tips have been returned to me at various times. :)

I agree with your assessment about growth. They contract out the building of the projects, so if they can grow their sales force in various jurisidictions, they should be able to expand in several markets with this business model simultaneously.

This could be a billion dollar market cap in ten years -- a $30.00 stock with the current float.

alleyesonme wrote: bcdude....nailed it....just wanted to add the benefits of multiple projects/contractors/jurisdictions, will help expedite the rate of new assets coming online, allowing multiple project construction to happen at the same time....hence quicker than present recurring revenue additions. This is something to watch moving forward. Lastly...I see uge as a legacy stock...I only add never contemplate selling...speaking of which iv been trying to add and this always gives me appreciation for the tight share structure...no one's selling lol. If I continued to push my order up we would of closed at 2.65 or higher based on level 2. I wish you didn't share your wisdom until Tues lol, but I'm thinking we may see financials on Monday to give Nik additional ammo for the Roth conference...thanks.


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