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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 ChefBHTon Sep 17, 2018 9:39am
112 Views
Post# 28631774

RE:A General Thought about Canada vs. US Pot Companies

RE:A General Thought about Canada vs. US Pot Companies
droidmeister wrote: Maybe I'm missing some news out of the US, but I dont think so. What I'm asking myself this morning is, why are all these huge, international booze and beverage companies making headlines looking at Canadian pot companies, while apparently ignoring pot companies in the US, in states like California, Nevada, Colorado, etc., where it's legal?

The answer has to be that the Canadian industry is far more advanced, Canadian companies are bigger and better organized with ISO and GMP certifications, Canuck pot companies already have internatonal operations, etc., etc., etc. We're bigger, we're better, we're more advanced, and we're doing things that big booze likes.

So what's the point? I think the point is that this is where I want to invest my money. And lots and lots of international investors are going to figure this out soon as well. We've already had Constellation make a big move, wait until the news of Coke, Diageo, and a couple others making moves catches the attention of retail investors around the world. Canadian investors who recognized the potential of this home-grown industry and got in early are going to be richly rewarded, in my opinion. GLTA!


‘I think you’re right. With (big) American companies investing north of the border, I wonder if this will catch the eye of Trump’s government and shift their position on federal legalization in the states. With the stories of Canadians (related to pot usage and investments) being turned away at the border and (his) insistence of companies repatriating business and investments back to the states, I only hope the American dollars keep flowing...
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