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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is a Canada-based company, which specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. It also maintains diversified interests in property investment and jewelry manufacturing. The Company’s segments include Goldmoney.com, and Goldmoney Properties Limited. The Goldmoney.com segment 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. Goldmoney Properties Limited is a United Kingdom-based entity established to acquire long-life property assets with secure long-term income streams. Goldmoney Properties Limited owns six properties totaling 423,087 square feet (GIA) with annual contracted net rental income of £6.8 million ($11.8 million). Its subsidiaries include Goldmoney BVI Inc., Goldmoney Vault Inc., and others.


TSX:XAU - Post by User

Bullboard Posts
Comment by oldsockon Mar 31, 2016 12:50pm
111 Views
Post# 24715816

RE:Facts are facts...

RE:Facts are facts...What, exactly do you want to hear from management. Management does a better than great job of keeping everyone in the loop. Do you want them to take your hand when things are not going your way? Are they supposed to own more stock than they already have to help you feel more secure? There was a very large public placement done, think that might come into play? It will be a year or two until there are numbers that will make sense and lead the way. At the moment it is a bit of a loose cannon and will go wherever the wind takes it. The world economic situation could, likely will, implode at some time this year or next. Ask yourself this............Do I want to be long any equity positions, other than resources, going into the next 1 to 24 months. Bitgold is not a resource stock, it is a platform where one can buy or sell ( and many other things ) gold. This is not the time to be long just about anything. If the downturn happening right now scares you ( it should ) it is time to move on and put your money into your Bitgold savings account until things have settled down. That could take several years. If you don't have a Bitgold savings account, shame on you. It will be the activity in the accounts that will make or break the company. The share price means nothing for now. It will do its thing until the stuff hits the fan, you will see just about everything get kicked in the teeth for a period of time. THEN, slowly put your gold savings to work and pick up what turns you on at that point in time. It is not up to management to justify the share price. It is what it is, they are busy building a company.
Bullboard Posts