ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

Metals & Mining Industrial Metals & Minerals

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 > yup way overvalued.

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Comment by Verdixon Apr 24, 2019 10:36pm

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Post# 29667478

RE:yup way overvalued.

Surfer2020 wrote: trading on a tgod valuation with 2m and 1/2b-1.5b mkt.cap is rediculous. Sure maybe by 2020 summer they will fill into there market cap, but your paying for 1 yr ahead of schedule in revenues.

Labs at least gets in double digits for sales a q. Yes there set at maybe a 5.5m in sales over 55 days so maybe 9m next q. But You can get better assets such as Sunniva for 200m that are doing 15m last q, or Tilt doing 31m usd a q at 900m cad mkt.cap. or Kshb doing 35m usd a q at 475m market cap, or Isodiol doing 7m a q at 55m.

Or if your obsessed with Extraction you can get Halo Labs thats going to do 7m + usd this next q so around 9.5-10m cad for a 170m market cap, thats working in USA as well as getting into Hemp cbd products. Working with the biggest Cannabis companies in USA.

My DD has led to similar conclusions.