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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 Jun 01, 2021 3:16pm
81 Views
Post# 33304499

RE:RE:More insider buying.

RE:RE:More insider buying.Condor....I'm sure they would do a normal course issuer bid, (share buy back) if they had the cashflow to do so. The 500k working capital is best spent on developing projects than buying back shares from a 16.m or so public float, even less if you subtract institutional investment. Secondly for Nick to purchase 10 000 shares at 1.28 is not a pathetic amount for someone who lives in New York City with a family and makes a 100-120k annual salary. Thirdly these individuals already own plenty. Nick, over 1m shares, Robert over 500k shares. They have no reason to add, they have purchase warrents and options. With such large positions they would begin divesting if they didn't see a future...this is a reassurance from the board, exactly what we need right now and it's highly respectable for a board to put there money where there mouth is. normal course issuer bid..seriously dude..
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