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.

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ASA Gold and Precious Metals Ltd > Pre-Roller! Wild

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Comment by Sam129on May 09, 2021 4:05pm

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Post# 33162359

RE:Pre-Roller! Wild

I counted about a joint every 4 seconds, 900 joints an hour, 7200 joints per 8 hour shift.

At 350 days in operation
1 shift: 2.5M
2 shifts: 5M
3 shifts: 7.5M

Let's assume an average selling price of about $5 per joint for the end customer, and a 100% markup from the retailer (which is on the higher side of things), that's $2.5 for Valens at wholesale price.

So that machine can bring between 6M and 18M a year.