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 > Fair Value is at $4.78

<< Previous

Bullboard Posts

Next >>

Comment by Capharnaumon Apr 04, 2022 2:50pm

113 Views

Post# 34574064

RE:Fair Value is at $4.78

88guy88 wrote: 1 strong buy and 5 buys and 1 underperform.....

That's fair value according to what? The price targets? That's fairy land.

It seems to me the management has a credibility problem. The loan they took was shady, now extra dilution and warrants when at the very recent shareholders meeting they said that they had enough to get through their plan this year. It just looks like they'll have worse than anticipated financials for the next quarters.

Imo, the best thing that could happen would be for a competent management team to buy Valens. Not great for holders at higher prices but would stop the bleeding once and for all.

<< Previous

Bullboard Posts

Next >>

One of the strongest contenders to lead Canada’s cannabis market