Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 11, 2019 3:55pm
83 Views
Post# 29469754

RE:RE:RE:Today's action

RE:RE:RE:Today's actionTotally agree and love the fact this is what they are doing !! This is how you should manage a company ! Slow and steady no pumps, let the business do the talking !!

Thanks for sharing !

haunsolo wrote: I agree with you that the share price stays muted due to lack of guidance from the company.  People just don't understand the contracts IMO.

Now, I also think they are purposefully waiting to provide those things to keep some possible competitive advantages in terms of:

1)  Competitors not knowing the details of their transactions.  Especially in this 'getting started' phase.  Though big money investors might be sharing that info anyway amongst different companies to some extent.
2) Their mantra seems to be "let the business speak for itself" because ultimately that is the only long term success factor for real investors.  A realistic growth curve and trajectory seems important to them, not a bunch of radical forward looking speculations.  They are working to build something larger and global, not pump things.  And that will give them a competitive advantage in the long run with a more stable share price.


<< Previous
Bullboard Posts
Next >>