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GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.


ARCA:BAR - Post by User

Comment by BCdudeon Sep 23, 2020 12:05am
153 Views
Post# 31602220

RE:RE:RE:Investor presentation on UGE website

RE:RE:RE:Investor presentation on UGE websiteYes, it's a wonderful healthy chart. I would anticipate consolidation in the $0.70 to $0.90 range until another big press release or Q3 update. My end-of-year goal is $1.00 to $1.50/share,if we get more good news between now and then.

I imagine the market wants to see them move some of their projects through the development pipeline and bring them online. But once they do that, I think it will command a much healthier multiple.


HLInvestor wrote: Good observations BCdude, I noticed the updated enterprise value on Yahoo $25 million CAD, decided to do some more research, hence the UGE website, given your observations the current share price could easily range between $1.50-$2.00, that is- if the market cap ranged between $50-$60 million. It's certainly possible if the market realizes the potential. I really enjoy looking at this chart as well, it's a healthy progressive comeback. 


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