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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 KelownaClownon Apr 01, 2021 8:36am
230 Views
Post# 32921263

RE:Long term game...

RE:Long term game...I hear you loud and clear. I really believe the company has entered the next phase of its development and longs just need to hold onto their shares and sit back and wait. The challenge for me will be, do I cash out at $10 and retire well, or hold on for a couple of years longer and cash out at $25 and retire even better? Or, just hold the shares and take the dividends once they start paying them? Decisons, decisions....LOL!!

LargeMan2 wrote: Anybody who sells their shares before giving this company a few years to execute their business plan will forfeit much of the increase in value which this company will create as they expand their business globally. I see two year target on this company over $10 and four year target over $25. Things may change along the way but the management at Valens has some of the best pedigree in the Cannabis sector. I am super long this stock and I don't plan on selling anytime soon!!


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