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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is Canada-based company with focus on the real economy. The Company, through its ownership of various operating subsidiaries, is engaged in precious metal sales to its clients, including arranging of precious metals trading to its clients, including arranging for custody and storage of precious metals for its clients. The Company’s segments include Goldmoney.com, SchiffGold, and Goldmoney Properties. Its Goldmoney.com is an online platform that provides clients with access to their Holding to purchase and sell physical precious metals and arrange for their custody and storage. Its Schiff Gold LLC is a United States-based dealer in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery. Its Goldmoney Properties Limited is a United Kingdom-based company that acquires institutional grade property assets with inflation-protected cash flows.


TSX:XAU - Post by User

Post by gocougson Feb 12, 2021 12:00pm
200 Views
Post# 32552874

XAUMF- many thoughts

XAUMF- many thoughtsBulletin board market makers will make you pay to sell and buy on both sides so be careful, this will only get better if and when the stock can move up to trade on a better exchange. Roy is getting bashed at times for not being on social media since last March not sure why people are so focused on that, we should only care that the board is executing on their long term growth plans and so far they are doing just that the last 3 quarters. The current market is crazy buying companies with no sales or earnings so lets try to pay attention to facts regarding all parts of Goldmoney. I see no no benefit longer term to a CEO who is interested in short term hype regarding stock price . Technically the last spike before earnings could not sustain $3.05 area which will be a catalyst to move the stock higher once it can trade above this price level for more then a few days. Final observation is the stock seems to trade in its own world not moving on a daily basis with movements in gold/silver , this may change in the future but is not happening now. Lets hope trading volume continues to be maintained adding liquidity to a company still under the radar. 
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