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 > Contacted Investor Relations

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Comment by haunsoloon Jan 23, 2019 1:48pm

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Post# 29271643

RE:RE:RE:RE:RE:RE:RE:Contacted Investor Relations

So the way I read that report is the cost for Valens to process. What they charge LPs is a different story.

If the LPs don't have this capability and/or technology and are able to turn it around and sell it at 50-60% margin in a branded oil / concentrate producet, they will gladly do so, even if it costs them $1 / gram. Meaning....they could grow for $1 / gram, process at $1/gram and sell concentrate at a much higher price and happily do so all day long.

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