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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 JW1985on Jan 02, 2020 2:13pm
181 Views
Post# 30511946

RE:RE:RE:RE:Q4 guestimate

RE:RE:RE:RE:Q4 guestimateAll the weed will be on sale from the broke cultivators which we will buy, and turn into product for our white label clients. These include LPs but also non-licensed players like BRNT and iconic brewing who want to piggy back off our liscence. The 1MM processing will allow us to process multiple different orders at a time and will also be needed as we expand internationally. Also, bear in mind with the CBD and hemp processing you may need to push a ton of material through to get your distillates. Think of CBD cosmetics, creams, drinks, capsules, all will need to be processed. I’m kinda waiting on the Khiron partnership on that front. They are already in South America and EU. Furthermore, we are leasing space off who I can only assume to be Tilray because the only other GMP certified company is a subsidiary of ACB. This gives us an export channel. Also in the NR they stated it was needed due to overwhelming demand. I feel like most companies in this sector have been caught flat footed with their supply chains and management on our side has been very forward thinking. Our time to shine is coming and the future is bright. 
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