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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 angelordeathon Nov 25, 2020 10:38am
782 Views
Post# 31969236

The dog that is Valens continued...

The dog that is Valens continued... cash balance went from 45 to 30 million form q2 to q3 a decrease of 15 million or so. Wonder what there cash is at now? 15 million or less. Unless they reach profitabilty soon.. this stock is going nowhere but down. I can smell a cheap dilutive financing on the way. Too many big salaries and stock based compensation is not helping the situation. See u at a $1 or less. The dog that is Valens continues
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