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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 jcuerrier1on Mar 07, 2019 9:13am
80 Views
Post# 29454355

RE:RE:RE:Lots of can't beat ‘em , join ‘em (shorters)

RE:RE:RE:Lots of can't beat ‘em , join ‘em (shorters)Thanks for the reply Banana Man.  

Just to clarify I did not mean Valens is losing advantage because of current stock price drop.

I meant while we are all waiting months for an awesome financial report so the price can finally hit the $4.50 price target given last September, many other LPs are catching on that extraction is the new game and developing there own abilities so the ‘exclusiveness premium’ Valens currently enjoys may be diminished somewhat by then, and reflected in the price by then 
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