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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 alleyesonmeon Mar 31, 2021 12:31am
131 Views
Post# 32911967

RE:Crazy to think

RE:Crazy to thinkHey BCD...exactly...this is value investing and value for shares like this is not easy to find..I have more than doubled my position over the past month. Some clients prefer to be "confidential" and this is partially why its worded "UGE has announced 33m", I think actual numbers will be higher. its important to note that once these contracts are signed UGE is the only party who can back out.. Also I was reading on the DOE website (department of energy) that the tax credits, 26 and later 22% are applicable so long as the projects are operational by January 2026... even if the company stopped signing new contracts today and built out what we know of we are left with assets that could be sold at a higher price than NPV, (many multiples higher than current market cap, easily 3X)....the long term high margin revenue the assets produce is quite unique and because it's still early for UGE's pivot to the own, operate model, it's just taking some time to get noticed...I think uplisting would be huge in propelling this share price...I think it will happen this year.. happy to add at such good value.
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