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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

Post by GreenArrowUpon Feb 27, 2019 12:02pm
106 Views
Post# 29418063

Haunsolo????????//

Haunsolo????????//You wrote    The Tilray minimum is 15,000kg / annually.  That is $15 million in revenue at a 50% margin of $7 million in earnings.  At a 10x multiple that should add $70 million in market cap or about 20% of the market cap.   
Read more at https://stockhouse.com/companies/bullboard#u6tBSv1v2sMs2VA0.99

How did you come up with the above numbers???/


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