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Bullboard - Stock Discussion Forum 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... see more

TSX:XAU - Post Discussion

Goldmoney Inc > best gold stock ?
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Post by wictory on Feb 24, 2023 6:19am

best gold stock ?

number of shares are reduced to only 70 million , last 2 earnings are big milestones after they addressed the low margin issue by significantly cutting operating cost,  Goldmoney has no debt and strong cash position.
Miners got hit by rising mining cost which doesn`t affect goldmoney,
also goldmoney has no juridioction or high operational risk.
If they continue the share buy back process, the earning uptrend remains, and maybe start paying dividend i would say this stock could be the big winner in the gold space after a decade of disappointment :-)
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