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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

Comment by JW1985on Jul 15, 2019 5:38pm
148 Views
Post# 29922414

RE:RE:8.8 mill

RE:RE:8.8 millReads to me like the loss was caused by terminating contracts and share based payouts.    So we are making money outside of one offs and growing pains. What will be critically important is continued revenue growth which to me is to be expected. I was disappointed by the lack of clarity on white labelling progress, some LPs we are partnered with have in house capabilities or like Organigram signed with other producers which I haven’t decided yet is concerning or not. No mention of Valens Farms or product processed to date which kinda sucks. Hopefully we can see another 100% increase in revenues q3 over q2. 
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