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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 > Double From Here?
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Comment by KelownaClownon Jan 21, 2020 1:34pm
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Post# 30578590

RE:RE:RE:RE:RE:Double From Here?

RE:RE:RE:RE:RE:Double From Here?
Canuck11 wrote: KC:
What is the completed capacity at this point in time at the Kelowna facility (400K Kg?). Thanks, Canuck.
As far as I know it's still sitting at 425,000 Kg, all in site 1. Based on somethign I read, I think the renovation of the second site is looking like it will be finished somewhere around April-May. That should increase the capacity up to 1,000,000 Kg. it will also pave the way for EU-GMP certification because it's impossible to get that in an environment that's undergoing rapid change due to construction and expansion of product lines.

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