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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

ASA Gold and Precious Metals Ltd > Share Consolidation
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Comment by Righttothetopon Apr 28, 2021 9:09am
160 Views
Post# 33081234

RE:Share Consolidation

RE:Share ConsolidationA RS is rarely a good thing.  I think in VLNS case, I think it can be.

That said, people looking for a 10x from here are in the wrong place....if the RS goes through, a double or triple (depending on consolidation factor) is all that anyone can hope for in terms of growth....

Too bad....this could have gotten to $10 w/o any help.

KelownaClown wrote: Further details of the proposed share consolidation will be contained in the management information circular of Valens mailed to Shareholders and to be filed shortly on SEDAR at www.sedar.com.

I just checked sedar, and the "further details" have not yet been posted, but what do people think about the idea of a share consolidation?


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