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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 TheBananaManon Dec 13, 2019 1:52pm
219 Views
Post# 30452824

Times have become hard, yet the future is bright for VGW

Times have become hard, yet the future is bright for VGWHi guys, haven't posted in a while... I'm still holding a big amount of shares.

Seems like the interest for VGW has disappeared... even with news like yesterday, wich if you read between the lines says they will enter the Australian, Mexican, European and American markets. That's huge news, fundamentally!! And yet no volume, no price action, only down... Makes one wonder what is going on!

I'm comfortable holding for a few more years, as I know things will get better... Ontario finally should open WAY MORE stores, and the hype will come back one day in the sector... Better to be in before.

VGW is already profitable, and it baffles me that the most profitable mj company in Canada is the one getting the least interest at the moment... All they need to do is keep executing like they have been, not dilute us to much and one day if they give a dividend then this thing will fly and I'll never work again!

For now patience is the key...

Any longs still here ?? Any insight??

Cheers and GLTA

TBM 

Peace, have yourselves a great weekend !
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