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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 RockMaschineon Mar 06, 2019 7:07pm
136 Views
Post# 29452631

RE:Poof...a month of gains gone

RE:Poof...a month of gains goneI do think $2 is a big stretch as that is a few months worth of new investors and I'm sure there are many strong longs who wil hold this for the rest of the year regardless of opportunity cost. I'm very much thinking $2.50 (lower bollinger band) could be a support with a big dump into the $2.25-2.35 range to psych people out before the machines switch long for April.
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