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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 haunsoloon Sep 23, 2019 9:15am
126 Views
Post# 30154271

RE:I just got off the phone w/Chris at VGW IR, he said there

RE:I just got off the phone w/Chris at VGW IR, he said there Thanks for posting this!

I am curious....a buyback program is generally for much more established companies...trying to figure out if that makes sense here.  Do they really have so much cash on hand for expansion that they are ready to do buybacks?
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