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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

Post by alleyesonmeon May 25, 2021 5:22pm
192 Views
Post# 33264679

Disappointing weakness...

Disappointing weakness...This weakness is disappointing, I feel it's unjustifiable. 2020, Uge added 88m$ usd in Net Present Value to be built as owners. On almost all of these additions the timeframe to completion was within 24 months. I think everyone should take comfort in how since 2010 420 MW has been developed and energized by UGE, which averages 42 Mw per year. Through this development the company has maintained a good reputation. The evidence is in the large amount of repeat customers and the continuance of contract wins. CEO recently said they are on track to double 2020's backlog. The only difference between the past and the future is new markets and now holding as assets through the same mechanism as previous buyers (project level debt).. The investor confidence drop apparent in the shareprice decline is unjust, UGE will deliver and get these projects built.. Also something that doesn't get discussed is the B.O.D. The board is stacked with very successful individuals. Kristaps Ronka built a billion dollar business in 4 years and invested significantly in UGE to gain a seat. I'm officially a bag holder however I will continue to buy the slide.
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