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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 26, 2021 11:35am
106 Views
Post# 33267761

RE:RE:RE:RE:RE:RE:Disappointing weakness...

RE:RE:RE:RE:RE:RE:Disappointing weakness...Nbastar..that is correct...Nicks words not mine, specifically in an interview...which one I can't remember because iv watched them all..might be the recent small cap discovery interview. You are definitely thinking of pipeline, (site assessment and proposal). When the proposal is accepted they sign a contract (binding letter of intent), this locks in the deal so UGE can proceed with development. And yes once the contract is signed only UGE can back out. This is why the "backlog" is so significant. These projects are legally locked in. 105m usd backlog and pipeline 174m usd as of end of 2020..
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