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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 Daytraderhalion Aug 12, 2019 5:37pm
264 Views
Post# 30019782

RE:Labs ouch on the margins.

RE:Labs ouch on the margins.I think people will catch on to this and that the companies have different structures. Labs earnings are great and impressive how ever they are buying flower from other LPS where as VGW is taking the Flower/Mass at no cost to them and processing every gram for profit and returning the oil. 

I think todays Social media posts may hint to a low cost supply of Hemp and Flower which could keep out margins high. It might take the maket time to realize but octobers earnings should wake people up.


Excited for tomorrow 

GLTA
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