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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

Post by SaltyJimon Jun 17, 2019 8:15pm
92 Views
Post# 29833782

Pumpers and Dumpers

Pumpers and DumpersEvery board is full of them.  Pumpers and dumpers.   Right now there is a bit of infighting on this board, which is annoying-- but typical of most volatile stocks.

A dumper is someone trying to instill fear. 

A pumper is trying to entice a trade higher or feel better about a trade that they just made.  A pumper is someone who is materially invested relatively speaking-- and is trying to build consensus for a run.

I'm a pumper for example: as I see this stock as not a trade, but a unique company that is about to be one of the most profitable companies in the cannabis sector.    In a sector that is in its very early days, in a sector which 5 to 10 years from now, could be materially a big part of the alcohol sector, which will have pharm companies,  energy drink companies, skin care companies and so on, all wanting in on it.

I'm in on it now, in the hopes and belief and frankly, conviction, that those others will follow us at a much higher price in the not too distant future.

While the infighting continues on this board, independently Valens is being led and managed successfully, without our support or withering.


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