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 > with each passing session I am becoming more convinced

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Comment by WorkingGolferon Oct 28, 2019 10:46am

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Post# 30276326

RE:with each passing session I am becoming more convinced

People don't realise all that oversupply will have to be sold off within a year before it rots. It's illogical to let all that oversupply go to waste. Where will it go then?

To the refiners who will turn all that excess into gold. I thought I heard $100000/liter of pure concentrate.

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