OTCPK:KRCLF - Post by User
Comment by
Calgary1111on May 21, 2021 2:19pm
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Post# 33248855
RE:RE:RE:RE:RE:ATTN: Karora shareholders
RE:RE:RE:RE:RE:ATTN: Karora shareholdersGold held in storage is reported as any other asset. so the balance sheet still grows, it would still show up as company growth and value. I bet this company has USD and AD bank accounts and that's no big deal so why not gold accounts, its so wierd so many people invest in gold miners without believing in the product they sell. I'd never buy crypto miners because I just don't believe in what they sell/mine but that being said HIVE does HODL all of their crypto waiting for better prices although I do think that's a bit excessive esp considering crypto is new and could be worthless all while gold has been around for thousands of years and will never be worthless. This would be just more value reported just like when a company owns shares of another company (very common when majors invest in explorers) and those shares rocket in value, that shows up during quarterlies does it not? regardless I bet there will be a similar move like I am suggesting, I'd just to see one of my investments be the first to do it.