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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is a Canada-based custodians and traders of precious metals. The Company also owns and operates businesses in jewelry manufacturing and property investment. The Company’s operations and principal activities are conducted through its two wholly owned business segments: a Goldmoney.com and Goldmoney Properties Limited. Goldmoney.com is an online platform that provides clients with access to their Holding to purchase and sell physical precious metals and arrange for their custody and storage. Goldmoney Properties Limited is a United Kingdom-based entity established to acquire long-life property assets with secure long-term income streams. It owns eight properties totaling 431,025 square feet (GIA). Goldmoney Properties Limited also owns a portfolio of freehold properties known as 'Clarendon Quarter' in Oxford, Oxfordshire, United Kingdom. This portfolio of mixed-use buildings occupies an approximately two-acre site in the heart of Oxford City Center.


TSX:XAU - Post by User

Post by Briocheon Oct 04, 2023 11:43am
260 Views
Post# 35669152

Crazy valuation

Crazy valuation Yesterday  the m.cap was exactly cad 100 mil ( with the new count of shares outstanding .13.275 milions) 
This was below the sum of cash and  property value . Nothing for mene and nada for the core business of xau . 
This is somewhere a royalty business now. With NO debt .
The switch gold/ rental property was a masterclass coup from Roy.
The true value of xau is above cad 16 .
Add to this Roy is maintening a cancelkation rate of share at 1% a month ( !!!!) and you have the surest gold stock in the sector . Opinion Gl .
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