I love the fact that HEG is going to provide the opportunity to its shareholders to buy gold direct.
In fact I hope HEG takes it one step further and eventually pays dividends to its shareholders in either dollars or the equivalent amount in gold produced, whichever is the preferred option chosen by its individual shareholder.
I only know of one company ,Iamgold a Canadian company, that does that.
We have all heard of how difficult it is to source gold coins - mints running out and the apparent manipulation and shorting by banks in the US.
Also a lot of people are confused about sourcing gold from mints and give up trying to source it or are put off by the fees.
This could be a way for gold miners to go long in response and by providing access to its shareholders, people who love gold anyway, it's an opportunity to create a new market for gold.
If gold miners universally and fully adopted this idea - who knows an additional 500 Tons (20%) of gold demand annually could be created ?
I wonder where the gold price would be then?
- Forums
- ASX - By Stock
- PUA
- small cap big prospects
small cap big prospects, page-3
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PUA (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.994M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 29371121 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 39405767 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 29371121 | 0.002 |
13 | 32490009 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 35280767 | 11 |
0.004 | 8430000 | 7 |
0.005 | 5762200 | 5 |
0.006 | 1160000 | 2 |
0.007 | 1100000 | 1 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
PUA (ASX) Chart |
Day chart unavailable