RE:RE:SPOT is a Tech CompanyBCdude wrote: I agree. Once they start rolling out some of these new technologies, and generating recurring revenue, they will be re-rated as something completely different.
The investments and royalties are a wonderful addition, but these will rise and fall in the short term depending on market sentiment. Where they will really hold their value is when the world figures out that peak gold has already happened. The world's largest gold miners combined have lost 40% of their reserves over the last decade, and with few new discoveries and mines taking ever-longer to bring into production, that isn't going to change soon. That's where the investments side of the business will prove its worth in the mid to long term: having the tech and expertise to identify the district-sized mineral deposits of the future will prove quite valuable IMO.
Obviously lots could happen to change these projections, but I'm hoping for a $5.00 share price in 3-5 years, and a $10.00 share price in 8-10 years.
good2grow wrote: Remember, SPOT is a tech play and should be priced accordingly. Right now they are being priced like a undervalued mining company. Yes some of their investments can be hindered by the price of gold but their investments are not going to bring in the boat load of revenue. This SaaS model is going to change the game for them, bringing in reoccurring monthly revenue. Even mentioned 3 potential acquisitions coming.
Told you before, hold your boxers or panties because this baby is just getting started! Load up while you can!
agreed!, but I do think your being conservative on those SP's, (rightfully so). I think we will see 5 dollars in 2 years. but thats just me. There is barely any promo on this company or the niche they fit.. it could really take off. as for me I'm buying more this week. lol
Cheers