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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 jcuerrier1on Jul 16, 2019 7:59pm
111 Views
Post# 29927308

RE:Just had a talk with management at VGW

RE:Just had a talk with management at VGWThanks TBM!
I imagine Q3 financial report will be mid OCT just before edible legalization date.  For this company to be running on all cylinders it’s going to need to move on many fronts including new/extended contracts, GMP licence, Valens Farms return, beverage product sales, white label not to mention testing service revenue ramped up.  Obviously not going to happen by 3rd quarter but at least a couple are needed very soon otherwise I fear a price drop into the $3s again before then, and amidst a nervous MJ sector, trade/tariffs, Brexit, hurricane season, and we’re likely due for a market pull back  score the dreaded October stock market.
Kind of pissed this didn’t pop more in today’s market, that executive management is paying themselves so generously so soon and that there’s no news on future extraction based products coming to market.
GLTA
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