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 > VGW in Play

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Comment by mesa1on Dec 12, 2019 9:42am

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Post# 30447225

RE:VGW in Play

MarcusThompson3 wrote: Check it out

https://cutt.ly/Je5ZVTN

"All Common Shares pursuant to the Agreement were issued at an indicative price of CDN$3.0471, being the volume-weighted average price of the Common Shares on the TSX Venture Exchange ("TSXV") for the ten (10) trading days ending December 9, 2019."

Certainly may explain the tight and "boxed" trading range we have experienced ... the so-called invisible hand of the market ... all December, and arguably the consolidation pattern Oct-present. I suspect negotiations have been underway throughout that period. Who knows what else is going on that may also be market-price sensitive?

When the shackles do come off, VGW should be THE stellar performer in the space imho, either earnings and CF driven, or because someone comes along to swallow this amazing company.

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