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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 wittbee1on Apr 30, 2019 6:29pm
181 Views
Post# 29691484

RE:BANNANAMAN

RE:BANNANAMAN
Each Warrant will be exercisable to acquire one common share of the Company (a "Warrant Share") for a period of two years following the closing date at an exercise price of $4.00 per Warrant Share, subject to adjustment in certain events. In the event that the volume weighted average trading price of the common shares for ten consecutive trading days exceeds $6.00, the Company shall have the right to accelerate the expiry date of the Warrants upon no less that fifteen trading days' notice
 
I too have recently practiced the art of selling my holdings while being convinced that the stock  price will rise substantially. Sold to buy another that will allow me to buy back in and own a lot more then what I recently sold. I have calculated a decent price rise in VGW from here to attain my goal. If the price doesn't go to that high then I will buy even more. If it rises I still get my larger holding here. It's all about DD, being invested in  more then one stock and understanding what is coming (through DD and experience) and timing.
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