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

ASA Gold and Precious Metals Ltd > Nice potential return.... 73 million in cash...

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Comment by longvalleyon May 06, 2019 8:57am

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RE:RE:RE:Nice potential return.... 73 million in cash...

My math is great, one thing you missed in your calculation 240,000 kg of flower does not equal 240,000 kg of oil....industry standard is about 20% out the back end. You should re-run your numbers. Starting with 48,000 kg of oil out the back end. The real money is in the oil, not toll processing. Once valens have their own flower.. then they are in the money.

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