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 KelownaClownon Jul 16, 2019 2:11pm

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Post# 29926033

RE:RE:RE:RE:how did it dump so hard

All I can say is, I’m in the wrong business - I should have been an f-ing consultant.

Kensin1954 wrote: i agree that the explanation put an interesting spin on a bad deal all the way around.

Also that in the big scheme it should not hurt them.

I was trying to answer the question "Why with such a good financial report is VGW tanking"?

My observation was that it was "Bad Optics". and according to the market reaction it is for today.

TRST on Friday will be the one to watch. if the FEDS pull the license it brings into question, how safe is anyone in this Universe of companies.

This is........

JMHO