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.

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ASA Gold and Precious Metals Ltd > I'm seeing people moving their capital to the extractors

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Comment by TheBananaManon Apr 15, 2019 11:07am

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RE:I'm seeing people moving their capital to the extractors

What I'd like to add to this is that I also see investor looking for PROFIT, now the space (Cannabis) is maturing a bit in regards to even 2 years ago, still a young space, but I can see investors wanting to see companies posting PROFITS, and we can see Labs being rewarded in a HUGE way and Aphria eating it with the 100 million loss or so...

Now this can go 2 ways for us depending on Q1 is how I see it ! And I'm sure hoping they show some positive PROFIT.... Even if just 1-2 million in the green ! I would be more happy with 4-5 but let's see ! Really don't want to see a loss of 1-2 million or more... Any toughts guy ?

So this will either go the way of labs or the way of APHA or OGI...

Interesting times !

TBM