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.

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ASA Gold and Precious Metals Ltd > Fighting the Shorts

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Comment by SaltyJimon Jan 17, 2020 1:43pm

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Post# 30565927

RE:Fighting the Shorts

It is quite likely once the US listing hits, shorts will get squeezed out. There is instiutional US interest waiting for the US listing, and further timing related to the reported quarter.

Shorts will likely play the game during the day, but cover positions in the evening. Be nice to see an intra day stock halt for big news, and torch a few shorters.

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