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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 Mar 20, 2019 7:57am
108 Views
Post# 29509690

Banana Man wrote

Banana Man wroteTotally agree! Just think that a bank loan would have been better for investors so we don't get diluted... After all they have 25 million in the bank and should be making more then 30 million shortly with all those contracts..? Then why always dilute? If this was done at a higher share price say the 3.50-4$ range it would at least show everyone that long holders get rewarded and new investors must put up more cash to get in later in the game... And show they believe the company will be worth more down the road... Just my opinion... TBM
Read more at https://stockhouse.com/companies/bullboard?symbol=c.vgw&postid=29509444#3bhFuQbaSOkHAlAJ.99

I like what you wrote and agree to a degree The only thing I can add is I will have to wait and see what they do in the VERY NEAR future If they did this to stay on a fast paced rate of expanding I understand But if it was only done to stay the same and progress slowly then Im totaly dissappointed (but I do not think that will be the case 
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