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

ASA Gold and Precious Metals Ltd > $4M PP for Nextleaf closing

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Comment by Capharnaumon May 19, 2020 11:57am

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Post# 31046305

RE:$4M PP for Nextleaf closing

stealthct wrote: right after the PP closes this week, the price is going to move. Nextleaf can process >500kg of biomass per day with only 2-3 people on the primary extractor.

They can generate over $180M with only 21 people in there whole company. Definitely more thatn 70% gross margin.

How many other PPs with warrants will they need to do? There's a lot of dilution risk going forward.

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