ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

Metals & Mining Industrial Metals & Minerals

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 > Who dumping?

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Comment by stealthcton Feb 26, 2020 10:33am

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Post# 30735307

RE:Who dumping?

The issue is that the publically traded Canadian LPs are going to slow down revenue with LABS and VLNS as those LPS go insolvent or bet bought up for pennies on the dollar.

The only hope is Extractors who have contracts with Private LPs who are profitable. There is an Extractor who will be partnering with Profitable Private LPs.

LABs and VLNS got a head start but OILS is about to catch up. At least OILS breaks even with only IP Licensing. No brainer there.

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