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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 Benedictuson Jul 16, 2021 4:56am
170 Views
Post# 33558007

RE:RE:RE:RE:Poor top and bottom-line with low and shirking margins.

RE:RE:RE:RE:Poor top and bottom-line with low and shirking margins. Nice back and forth. Overall while Punjabi makes some very respectable points they are succinctly  black and white and not at all accounting for the time needed to grow/absorb and build scale. As KC points out, applying a generalized cannabis company template toward Valens and coming to such immediately negative conclusions is missing many very important internal and external factors, which weighed down top and bottom line numbers.  Admittedly the current margin profile is absolutely awful and by Q4 it should hopefully be a rather unfortunate distant memory and if that's not the case, my shares will probably be up for sale. 
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