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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is a Canada-based custodians and traders of precious metals. The Company also owns and operates businesses in jewelry manufacturing and property investment. The Company’s operations and principal activities are conducted through its two wholly owned business segments: a Goldmoney.com and Goldmoney Properties Limited. 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. Goldmoney Properties Limited is a United Kingdom-based entity established to acquire long-life property assets with secure long-term income streams. It owns eight properties totaling 431,025 square feet (GIA). Goldmoney Properties Limited also owns a portfolio of freehold properties known as 'Clarendon Quarter' in Oxford, Oxfordshire, United Kingdom. This portfolio of mixed-use buildings occupies an approximately two-acre site in the heart of Oxford City Center.


TSX:XAU - Post by User

Bullboard Posts
Post by Oregonduckon Dec 21, 2016 12:12am
193 Views
Post# 25628217

What a Boring Stock

What a Boring StockDon't know what Mackie Research was doing with the BUY recommendation. It says,"...Goldmoney will post EBITDA of negative $5.5-million on revenue of $9.6-million in fiscal 2017. [Mackie] expects these numbers will improve to EBITDA of negative $5.4-million on a topline of $11.9-million the following year [2018]." Losses and more losses as far as the eye can see. XAU will never make any money due to its busted Bitcoin business model. No innovation, just hype.

Look at some really successful Bitcoin companies such as Coinbase - a real exciting transformational cryptocurrency startup story with world-famous investors and the backing of the Big US Banks , VC's & NYSE sponsorship. No regulatory issues. It is the Bitcoin's Blue Chip 

XAU is still a Howe-street type stock promo.
Bullboard Posts