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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 27, 2019 8:00am
119 Views
Post# 29540995

RE:RE:RE:RE:New info on Sedar - Prospectus

RE:RE:RE:RE:New info on Sedar - ProspectusHi guys, I've read the whole thing... Happy they put that out and happy about the details... For me the things that stick out : MORE THEN DOUBLE CAPACITY (That means more the 480 000KG/Year, put that in your pipe bashers) Expand to EU very probable... Great capital management.. So we get diluted by 18% (That includes all the shares, don't believe my number, just do it yourself), but we get more then 2x the production, so for me more then double our potential market cap... Was it worth it ? I'd say hell yeah !! GLTA Patience Will be rewarded here ! TBM
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