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 > Update on Valens proposed giant greenhouse in Armstrong B.C.

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Comment by lscfaon Sep 01, 2019 10:17pm

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Post# 30087693

RE:Update on Valens proposed giant greenhouse in Armstrong B.C.

Smart move to get out. Mgmt thought they might be able to grow pot for $0.80/gm but others have already got the costs lower....

$0.65 Cdn per gram

https://www.newswire.ca/news-releases/village-farms-international-reports-strong-second-quarter-2019-results-canadian-cannabis-jv-more-than-doubles-sales-to-cad-32-3-million-with-an-all-in-cost-of-production-of-cad-0-65-per-gram-and-ebitda-margin-of-78-and-achieves-third-consec-873171411.html

$0.50 cdn per gram

https://www.newswire.ca/news-releases/cannabco-to-deploy-phoenix-for-indoor-cannabis-production-costs-of-under-50-cents-per-gram-an-industry-first-874583917.html

$0.45 US per gram

https://www.newswire.ca/news-releases/flower-one-s-second-quarter-highlighted-by-industry-leading-cultivation-performance-874210492.html

BCStock wrote: The giant Valens greenhouse project in Armstrong appears to have been abandoned. The promotion billboard signs are down and the 40 acre field has been restored back to a pristine state. The neighbors will be happy. Another similar cannabis project nearby was also stopped and the water supply lagoon filled in. Major opposition in British Columbia to projects that might cover valuable farm land with concrete for greenhouses. Anyone can grow dope, but the money is in the extraction plants. Probably a smart move by Valens to abandon this greenhouse project in Armstrong/Spallumcheen B.C.

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