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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

Post by madhunkyon Jun 24, 2020 8:40pm
489 Views
Post# 31188535

pulled the pin

pulled the pinHey guys, I know I said that I was staying in Valens for the long haul, but after much consideration I've decided to bite the bullet and take the loss and sell my position. After a year of bag holding and the stock seeming to go no where even with regular good news, I feel my money is dead here. Maybe with earnings coming next month it might do something but who knows, it's fallen before after a decent earnings report and it may do so again. I don't know if any or you guys have heard about NextechAR {NTAR}, but that's what I bought with the proceeds I had left from Valens.It is a video conferencing company incorporating augmented reality and holograms and they are hoping for HUGE things to happen in the near future. Getting close to being listed on the NASDAQ this year with 80% of the application process completed. It's been doing quite well for the last few days and hopefully it will continue to do so and that I might recoup most of my Valens losses. I am not urging any of you to sell your Valens shares like I did, but if you've got some spare cash that you are looking to invest, maybe you should check it out. Do your DD and decide for yourself. At any rate, best of luck to you guys whatever you decide and stay safe.    
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