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 > Shorts will cover tommorow

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Comment by Springup1on Mar 06, 2019 10:40am

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Post# 29449219

RE:RE:Shorts will cover tommorow

Here is a link about short covering, it means shorters would be in trouble if not buying back their shares, if the price goes even higher they will have to pay more. The short covering means more buyer, price up.

https://www.investopedia.com/terms/s/shortcovering.asp

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The investment impact of the U.S. 25% tariff on Canadian imports