GraniteShares Gold Trust BAR

Crazy to think

[BCdude]

Hey alleysonme, It's crazy to think that $33 million USD ($41 million CDN) in sales since Q3 is two-thirds the company's entire $60 million CDN market cap.

Puts the value of this stock into sharp perspective.

[alleyesonme]

Hey 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

[1condor]

Dont fight the market..right now its saying that many of the green companies are very over priced. UGE is also expensive but not a lofty as many others in the sector. Investors will to return to the sector...but until then lots of time to pick up UGE at 1.75 or lower. 

[alleyesonme]

Well we know UGE has 145m usd of contracted solar assets..that's 182.7m cad...fully diluted at 36.9m shares gives you 4.95$ per share of solar assets..still to be built, but moving along..this doesn't take into account the recurring revenue aspect, the fact the assets could be sold for a significant premium to the "NPV", or any additional government incentives...getting shares as

[1condor]

alleyesonme...I managed to pick up more than a "small" amount of shares (at 1.78) on the last dip. I do agree that sentiment will gradually change and money will come back into the sector...but until then the cheap shares will still be available.

[BCdude]

You are absolutely right. Although there are different ways to value a company, by valuing UGE based on some of the traditional measures completely misses the value and quality of future cash flows. That's why a NPV valuation helps to clarify the numbers immensely. At some point the market will catch on, and as long-term shareholders it doesn't really matter when. I still think we could