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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 SaltyJimon Mar 03, 2020 6:52am
230 Views
Post# 30759623

RE:5 cranes on-site at Valens Sites K1 and K2

RE:5 cranes on-site at Valens Sites K1 and K2Further to this, back in the summer I noted they really didn't have many employees for a 1/2 billion company at the time.   Makes sense now, as they could handle their through put and were nicely scaled.

Today, the "problem" is growth.   They are hiring 50 plus people right now.   Interesting that they are hiring while most others are laying off.

The analysts should be applauding this savvy management team.   Moreover, below $5 bucks, its on sale for a bargain value vs where it will operationally be in a year or two.
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