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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 alleyesonmeon May 11, 2021 12:24am
132 Views
Post# 33171477

RE:RE:RE:RE:RE:UGE reports fiscal year 2020 financial results

RE:RE:RE:RE:RE:UGE reports fiscal year 2020 financial resultsThe retail sellers with no thought into reasonable expectations may initially drive this down. Smart money buyers may be pent up to buy at 52m cdn mc.. Research reports outlining reasons for their 12 month price predictions and results that fall in line perfectly, or better, should reaffirm those looking to buy..pent up demand for shares brought on by the halt may trigger a steady climb moving towards Q1 results expected in the coming weeks.. Short term movements are hard calls however those holding long term, price appreciation will be enormous...2024 onward with the reasonable, methodical, climb to 100mw assets operational,(25-30m usd recurring revenue). Adding another 100mw year after year from then on out is huge..... This will eventually be a billion dollar company..(2000%) appreciation from this point..7-10 years conservatively in my view...I will hold.... Short term prediction for me is 2 bucks by weekend..closing on 3 by June..truthfully not concerned about near-term price, continued operation is not a going concern because they are sitting on 7-8m cash..991k loss on a turnaround year shows me they have a runway to profitability without further dilution....I'll be waiting to pounce on weakness as I'm sure many others are too..my price predictions have always been optimistic on UGE however one day they will be seen as too conservative...I'm thinking sooner than later..
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