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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

Comment by rghalifaxon May 05, 2020 10:41am
164 Views
Post# 30987539

RE:Why?

RE:Why?It's not all covid...it's also the poor performance of most other companies in the industry which took away the hype.Now it's results based and it won't climb without the results or unusual news.Rising profits are rquired now.Legalization was over-hyped,the rollout was underwhelming ie: Ontario could have a thousand retail stores but they have what?45?Ontario says they're working on it.Lot's of people have lost money in lousy companies that promised the moon and didn't deliver.Valen's has been solid considering the carnage all around them and when the smoke clears you'll see six bucks and more...somewhere down the road.It's going to take some more time but weed isn't going away and if anything covid will help business and possibly even move the legalization ball forward south of the border.The glass is half full friends,not half empty but patience and a little more time is required imho...GLTA
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