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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 Geo1967on Feb 19, 2019 8:31am
69 Views
Post# 29381110

RE:RE:RE:RE:VGW LONGS...ANY TRUTH TO THIS POST??

RE:RE:RE:RE:VGW LONGS...ANY TRUTH TO THIS POST??No I am long and heavy here and my name
droidmeister wrote: OK, so Geo quotes an anonymous poster called "G". Coincidence on the first initial? Who knows? But let's see what else G has posted on Yahoo Finance... here are some other recent posts by G regarding other companies - do you see a pattern here?

"This will crash hard on earnings - Oregon is a nightmare making no margins as so competitive and in California their 2m a month contract with falcon is in Jeopardy as harvest just bought falcon. Contract was 6 months from October so March we could have revenue ending which would be huge loss (24m revenue) and higher margin then Oregon (40 points). Be careful. I’m out"

"Huge sell order 200k shares at 2.70 likely see this go back down to 2.15 or so - be careful"

"Potential issue of cash flow coming up ASAP as they burn before revenue - careful for a potential bought deal shelf offering that will drop this 25% this week I am hearing. I’m out be careful"

 

Sheesh, this guy Geo, I mean G, is out so often I'm wondering when does he get in?????



Geo1967 wrote:
TheBananaMan wrote: May I ask who posted this originaly and where ?

It could be true.... But when I talked to IR on the phone a few weeks ago and asked the question he told me hey we have 40 millions in the bank and we are profitable... So his awnser means he did not see the need to dilute shareholders... 

Altought we never know, if they dilute we will get short term pain but LONG TERM HUGE GAINS... Also keep in mind if ever they do dilute it could be at 3$ who knows... I'm very sceptic about this 25% drop he is talking about ? Does he have a crystal ball ?!

Anyways do your DD and GLTA

TBM

Geo1967 wrote:

Poster on another board posted this. Any truth?? Thank you 


Potential issue of cash flow coming up ASAP as they burn before revenue - careful for a potential bought deal shelf offering that will drop this 25% this week I am hearing. I’m out be careful

Here is the link, go to “conversations “ then “newest “ . He goes by “g”. Posted last night don’t know if he is  a paid basher to lower price??  Thanks for any insight!!
https://ca.finance.yahoo.com/quote/vgw.cn/

 
I am long and heavy here and I am dude1967 in the board please don’t slander me I am here for help from lings



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