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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

ASA Gold and Precious Metals Ltd > Valens has so many extraction deals. why are we dropping?
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Comment by ABOilon May 29, 2019 12:06pm
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Post# 29781828

RE:Valens has so many extraction deals. why are we dropping?

RE:Valens has so many extraction deals. why are we dropping?Don't expect amazing things for Q2 (Q1 already reported with Revenue of $2.2 MM). Q2 expectations are for revenue of $6-7 MM, and the ramp up is in the second half of the fiscal year. In the second half of the year the company should be cash flow positive and building on what is already a material cash balance.
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