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ASA Gold and Precious Metals Ltd C.ASA


Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.


NYSE:ASA - Post by User

ASA Gold and Precious Metals Ltd
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Post by HugeMoneyon Oct 29, 2019 11:39am
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Post# 30281610

VGW will rock, just wait

VGW will rock, just wait The work happening at Westleaf is comparable to other Canadian cannabis companies in this space, such as Valens GroWorks Corp. (TSX-V: VGW), MediPharm Labs Corp. (TSX: LABS) and Neptune (NASDAQ:NEPT) who offer similar services such as bulk production of cannabis oil, tolling and white labelling for third parties. Notably, on October 15, 2019, Valens GroWorks Corp. reported their fiscal Q3 earnings which generated $16.5 million in revenue for the quarter and $9.8 million of EBITDA (~59% EBITDA margin).

Now that cannabis-derivative products are legal in Canada, Westleaf is expecting strong industry-wide demand for efficient extraction, processing and formulation capacity. The Plant is a scalable facility and well positioned to capitalize on the potential for the expected demand growth for contract manufacturing, tolling arrangements, as well as white labeling and in-house product formulation.

Read more at https://stockhouse.com/news/newswire/2019/10/18/ready-to-capitalize-on-cannabis-2-0#wHs20s6iDQubVEZ4.99
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