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.

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ASA Gold and Precious Metals Ltd > how did it dump so hard

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Comment by Kensin1954on Jul 16, 2019 12:39pm

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Post# 29925503

RE:how did it dump so hard

$5 mil dollar assetless purchase on the finacials.

No explanations, looks like an insder being paid off. Not saying it is that but the optics are bad.

Questions come up, what else are they doing that we don't know about?

Bad timing with the questions around TRST. This industry needs the cloak-and -dagger stuff to evaporate.

Almost all businesses in this world are corrupt either by design or mistake. This particular Universe came out of the crimminal world so the scrutiny and the reactions are greater.

Buy but HEDGE your bets. Don't trust that you can't get screwed over.

JMHO

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