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.

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ASA Gold and Precious Metals Ltd > Even worst than i thought insider dumps shares around $2

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Comment by Coffeeukeon Apr 11, 2019 3:45pm

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Post# 29614939

RE:Even worst than i thought insider dumps shares around $2

This was a strategic purchase between 1009638 B.C Ltd and an undisclosed purchaser who made up of key institution and share holders. The $2.05 price was a predetermined discount for purchasing such a large amount of shares from the VGW majority share holder. Tyler Robson mentions in the news release about this they new shareholders are strategic shareholders. I'm only wasting my energy responding to the bashers incase new investors are wondering what the deal is.

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