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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

Post by mesa1on Sep 30, 2019 11:41am
190 Views
Post# 30177813

The tide's been going out ...

The tide's been going out ...as the big players' valuations are beaten down, resulting in indiscriminant liquidation across the sector.

I hear there are increasing enquires from EU fund managers as valuations are now compelling. Keep in mind there are negative interest rates across most of the developed countries, and yield is being chased wherever it can be found.

Canadian MJ stocks in general offer supurb growth and yield opportunities as the wheat (bud) is separated from the chaff (stocks) so to speak.

And then there's this little gem called Valens that's generating serious numbers and bottom line.

I suspect VGW IR would be planning an EU marketing tour to help offset the indiscriminate sector sell-off and layout the numbers to attract the deep pools of patient money across the pond.

Are you listening Everett? ...  ;-)
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