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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 nbastar1986on May 25, 2021 9:34pm
103 Views
Post# 33265421

RE:RE:RE:Disappointing weakness...

RE:RE:RE:Disappointing weakness...I think the problem is here the "backlog" is not firm signed contracts. The backlog represents managements best estimate of future contracts.
That said, management can be materially off in there estimates.
im out and wish you all good luck, sincerely.
I want to see how this story plays out before getting back in.
the way I see it is the company is way overvalued right now until they start to realize on some the projects/backlog


after the accounting mishaps, I became less confident in management 
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