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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 Arbourmarkon May 15, 2020 8:00pm
307 Views
Post# 31036584

RE:RE:RE:RE:RE:RE:Shorts

RE:RE:RE:RE:RE:RE:ShortsI agree, unfortunately VLNS currently just trades with the Cannabis Sector and not on its own merits.

Todays news release should have created more of lift but unfortunately it did not.

I believe at some point institutional investors will take notice of their sitive cash flow for 3 consecutive quarters and they are flush with cash in this downturn where many competitors will fail raise cash.

We have US election happening in November and I believe Democrats will regain power and Federal legalization is eminent. This will open up the largest market and VLNS will be a $50 stock.
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