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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 TheBananaManon Mar 07, 2019 1:55am
102 Views
Post# 29453574

RE:RE:Lots of can't beat ‘em , join ‘em (shorters)

RE:RE:Lots of can't beat ‘em , join ‘em (shorters)Ok here it goes, first of all I want to say that I’m not a pumper and yes we might dump more, but I’m just here to say this has nothing to do withthe other runups and crashes, if you look at it the other times the stock went up in 4-5 days then crashed, this time we went up in 3 months established supports etc... and we have more material news making this company worth it...

Now you are scared Valens will lose it’s advantage because the stock is down ? That has nothing to do with the company ! Oh and by the way they are waiting for GMp certification to EU standards...

Valens is not losing their extraction advantage now because the stock is down get real people, same happened to Canopy when it went from 75 to 30ish and did it lose something, do your homework guys, the chart broke the daily uptrend, traders and swing traders sold and shorts got in now it’s their time to make money... Long term it’s fine just close it if you can’t watch it and come back in 1 year you’ll be happy (just like if you did that with Cronos you’d be happy)

GLTA 

TBM

jcuerrier1 wrote: Really need some good news to break this downward momentum
Otherwise this smells a lot like the September run up with October crash
not sure I can watch this play out again while waiting months for 2019 Q1 results all the while other players are beginning to execute their own extraction strateges and diminishing Valens advantage

Speaking of advantage does anyone know if Valens has an advantage over other oil extractors with their pending EUR licence?  What does that licence allow them to do?



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