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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 Straighon Sep 27, 2019 11:00pm
78 Views
Post# 30173135

RE:RE:RE:RE:RE:No doubt it will recover soon- See the highlighter news

RE:RE:RE:RE:RE:No doubt it will recover soon- See the highlighter newsThe companies who had a contract with JUUL where legal and licensed do you think they are not affected? Unfortunately, you can not provide any meaningful data which would answer our question "this or that way" If you want to rely on old revenue predictions in the completely new environment then i am afraid you setting yourself for failure. You need to focus on bigger thinks than VGW  because they are indirectly affecting the market and the company. I can tell you one thing, all the big money that was supposed to be invested by the big tobacco companies is all gone right now. They will not invest in e-cigarets or vabes. Billions of dollars many companies were counting on. Good luck finding this info on companies websites or by calling IR . Ciao!
JW1985 wrote: There are no assurances in investing. Risk vs reward. Your time horizon and comfort with volatility should dictate you asset mix. If you are worried about your money going down in the short term go buy a gic. Go and look at the previous resources I have put on this board that are company presentations or interviews. Even easier yet, go to the company website...it’s all there.  Your questions have been asked and answered. If you bought in to this company and think we are currently selling products to flavoured cartridge companies right now you should sell and go by a mutual fund or spend significantly more time understanding the company you just put your money in. Your question on future revenues has been answered by the company already. The quality of our output does not require cutting agents affecting viscosity which is what you are seeing in illegal home made garbage that is killing people. With that said you cannot expect any guarantees. You are putting your money at risk and your compensation for that is your return. This is a risky and volatile sector that is impacted by many factors. We very well could have bad returns for the foreseeable future. I don’t feel that way and am comfortable with said risk. Take your own advice and do some DD, that’s how you earn a return. If you want to be spoon fed call IR or risk your money based on your research skills. Good luck. 


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