BearishBull
2022-03-20

If it was an active mine with proven resources to be mined, it would make sense. There seems to be excessive faith put into the alternative method. The NFT way would seem to be a more effective way to diversify. Let's hope there is a concrete plan behind this...

Why the Heck Is AMC Entertainment Buying a Gold and Silver Mine?

The theater-chain operator is looking to diversify and help other distressed businesses.
Why the Heck Is AMC Entertainment Buying a Gold and Silver Mine?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • henshengqi
    ·2022-03-20
    I think one of the problems people have with NFT is that, like collectibles, we don't know the formula for determining its value.
    Reply
    Report
    Fold Replies
    • BearishBull: 
      I absolutely agree with you because this is basically a digital version of art, trading cards etc. value will be determined by the individuals  on the buy and sell side
      2022-03-20
      Reply
      Report
    • William85: 
      Yes, because you have to understand not only the technology behind NFT, but also the value behind this kind of collection
      2022-03-20
      Reply
      Report
  • a9032
    ·2022-03-20
    NTF doesn't look like a good investment, at least not to me.
    Reply
    Report
  • MR_Wu
    ·2022-03-20
    The NFT method is indeed more suitable for diversification.
    Reply
    Report
  • MortimerDodd
    ·2022-03-20
    I believe there is already a concrete plan behind it.
    Reply
    Report
  • windy00
    ·2022-03-20
    Absolutely, the NFT can be seen as a kind of hedging asset and can be taken into consideration.
    Reply
    Report
  • dong123
    ·2022-03-20
    Well, I'd rather invest in cryptocurrencies.
    Reply
    Report
  • GregoryRichardson
    ·2022-03-20
    The key is, where can this technology be used, and how secure is it.
    Reply
    Report