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 > RBC attack

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Comment by KelownaClownon Mar 04, 2020 11:03am

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Post# 30765320

RE:RBC attack

Novyj wrote: At around 10:45 this morning RBC sell thousands shares at Market price that get down share price from $ 3.39 to $ 3.25 in second.
But the share slowly return on upside.

In my opinion (which is worth exactly zero) I'd guess that anyone who had shorted this stock has had the chance to cover their position. Therefore there should be very little downward pressure on the stock price as a result of short manipulation. That's not to say that other pressures have disappeared, but short pressure should be significantly reduced. At least that's my opinion.

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