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Bullboard - Stock Discussion Forum 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 Discussion

GraniteShares Gold Trust > $5++ Stock near term
View:
Post by Icecreamman on Nov 12, 2020 4:27pm

$5++ Stock near term

Huge valuation upside as this should be trading much more than $1.59. Should probably get in before it's too late.

$100 million in backlog, the price has not come to appreciation yet. There will be a rush for green renewables and UGE is in a good position with their connections in Canada and the US. Also the float is tightly held by management at 51% which means less shares to trade.

Lots of potential here and this is a good company for a buyout as well with so many solar projects.
Comment by Icecreamman on Nov 12, 2020 4:52pm
Wow. expected revenue project just in NYC is $1 Billion.
Comment by BCdude on Nov 12, 2020 5:37pm
This is the NYC total estimated opportunity. UGE won't get all of it, and it will be spread over many years. Still, community/commercial solar is expected to be huge in the coming years. https://www.greentechmedia.com/articles/read/the-us-has-145-gigawatts-of-untapped-commercial-solar-potential#:~:text=As%20the%20COVID%2D19%20pandemic,commercial%20solar%20installations%20in ...more