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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

Comment by rghalifaxon Apr 14, 2021 9:54am
137 Views
Post# 32991948

RE:RE:Poor results across the board.

RE:RE:Poor results across the board. It's not all that often a prohibition ends and there's a rush to fill the space.It's an unknown really and I'm glad I was in the right place at the right time.Covid has thrown a wrench into the fray as well for good measure....a unique time with unprecidented challenges.Consolidation,bankruptcy,quarterly losses are all to be expected at this stage of a brand new industry,hampered by covid and draconian advertising/packaging restrictions.Valens is doing very well all things considered, especially compared to their peers in the industry.Valens isn't struggling like so many others,they are growing and they don't dilute just to stay afloat.Speaking of floats they have a small one after 5 years...take a look around = good management. I believe in this company and what they're doing.Yes it's taking longer than I thought but I have the time to watch it grow and be successful.See you on the other side.Glta
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