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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is a Canada-based company, which specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. It also maintains diversified interests in property investment and jewelry manufacturing. The Company’s segments include Goldmoney.com, and Goldmoney Properties Limited. The Goldmoney.com segment 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. Goldmoney Properties Limited owns six properties totaling 423,087 square feet (GIA) with annual contracted net rental income of £6.8 million ($11.8 million). Its subsidiaries include Goldmoney BVI Inc., Goldmoney Vault Inc., and others.


TSX:XAU - Post by User

Post by Briocheon Nov 13, 2024 6:14am
82 Views
Post# 36309708

For thoses familiar with the elliot waves theory

For thoses familiar with the elliot waves theoryXau is a pure  textbook case from june .
If true what's the outcome ? After +/- 3 weeks of stabilisation from the selling climax of yesterday  , the stock should start a long upleg ( many months ) taking easily the recent highs. This is not a reco , but a deep feeling i confess.
While RS keep on a total radio silence , i am sure he does what he said : either to buy property , or mp and repurchases according oppotunity . No doubt time for the latters is there. 
At +20 mil net earning / y , the stock is completely oversold. For Q3 , no rsu, no tax ( ? ) , no mene , less shares , more rental income . To hope the client account will be maintained. No problem for the gold price. Gl


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