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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 HugeCraneon Feb 21, 2021 2:45pm
130 Views
Post# 32622152

RE:RE:RE:RE:Why

RE:RE:RE:RE:Why

Gotcha. I don't trade. I look for long term holds and UGE was probably the only micro cap I could find that really peaked my interest. I love their business structure and how they can potentially make money throughout the entire process of the build (except the manufacture of solar panels). Also love how they are taking their time and trying to do things right. There's just not a whole lot of commentary on here about the fundamentals other then the stock is gonna go up hahah. Not bashing, I just don't have time to sit on my brokerage account and day trade. I have a business to run.

Does anyone know much about the engineering side of things? Like at some point doesn't the engineering of the projects become very repetitive? I read on here that somebody figured the engineering arm could arguably be spun off on its own, but how much "engineering" is needed when the projects are all very similar? Reason I ask is because in my experience anything in this world that is largely repetitive is exposed to the fact that somebody will always do it cheaper which would affect revenues. Is there patents or ip involved? 

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