GraniteShares Gold Trust BAR

Why

[HugeCrane]

What makes you guys think this should be over $3?

[1condor]

HugeCrane...I believe UGE will get above 3 bucks but it will take some patience. First it has to get above 2.75 and hold that support level. Some on here have very high share price targets a year out...mine is on the much more conservative side (around mid 3's)...which is still a very decent return from todays closing price of 2.53.

[HugeCrane]

LOL but why? I already own $30k of UGE and I'm trying to decide if I should be putting anymore money in this sector or Canadian oil & gas. 

[1condor]

HugeCrane..as you can tell from my threads I trade a stock for the most part on "technicals". If you are looking for whats going on in the guts of the company (earnings, backlog etc) there are other threads/news releases on this board that should help in your decision. No doubt the recent weakness on the stock is due to the bought offering at 2.65..which just closed. The stock will start

[HugeCrane]

Gotcha. I don't trade. I look for long term holds and UGE was probably the only micro cap I could find that really peaked my interest. I love their business structure and how they can potentially make money throughout the entire process of the build (except the manufacture of solar panels). Also love how they are taking their time and trying to do things right. There's just not a whole lot

[alleyesonme]

At end of 3rd quarter the company had 112 mil of confirmed builds which once operational will provide 11 mil annual recurring rev for 25 years. thats 275.m.USD revenue for the owner of the assets over 25 years. The assets life is 40yrs min meaning it would produce 440m over 40yrs. That's all value to be considered on a company traded under 80m CDN M/C. Additionally adding new commitments at a

[BCdude]

Hi HugeCrane, I'd advise you to go to the Sophic Capital website and look at a few of their reports on UGE over the last six months. They do a pretty good job of explaining the details. In short, there's no IP involved, but UGE is focused on the commercial/community sector that is too small for utility scale project developers to be meaningful, while avoiding the micro scale of

[ScottFAP]

@HugeCrane - PI launched coverage today with a $5.25 price target and Beacon has a $5 price target. Those reports go into the reasons why the company is currently h'UGE'ly undervalued.

[ddogold]

I’ve added a few more shares this morning 

[nbastar1986]

I'm surprised to see further weakness in the SP, although the volume has been anemic. We need some catalysts to get this going in the right direction. 

[Onions19]

It still tracks to larger solar stocks to an extent, which have been down recently.