Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 JW1985on Oct 28, 2019 4:40pm
150 Views
Post# 30278312

RE:RE:RE:RE:RE:RE:RE:News

RE:RE:RE:RE:RE:RE:RE:NewsYou dont honestly attribute price movements to news articles do you? I don’t blame them for not putting out news releases. It’s a bad environment right now and no amount of good news will change that in the short term. This is an investment and you will be waiting until summer to see q2. As the article https://business.financialpost.com/cannabis/cannabis-business/cannabis-investing/retail-investors-are-getting-blamed-for-slump-cannabis-weekly

p
oints out short term thinking and poor understanding are making a difficult time worse. These are high risk speculative investments that are driven more by sentiment than logic at this point. All of us here are way ahead of the curve and you are going to have to take your lumps while you wait for the sheep. I’m going to hold because when the tide turns (and it will) I don’t want to miss the boat. Case in point our recent jump and more recently labs 10% movement on nothing. 

If if you want to feel better go look at our recent new hires LinkedIn profiles, lots of depth being hired in Toronto with interesting backgrounds. VGW will be a winner, it’s just going to take some time. 

On the dividend front I see that conversation as a little premature. I think expansion and capex will be at the top of the list but it will also be done via free cash flow. Not a lot of companies out there can say that. That equals no dilution. So now we hurry up and wait for our management team who has executed well in the past to continue to execute for another 6 months and let’s see where the SP is at that point. My money is on Up. 
<< Previous
Bullboard Posts
Next >>