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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

Post by BryceCanadaon Apr 14, 2020 6:05pm
361 Views
Post# 30909348

Q1 Thoughts?

Q1 Thoughts?Happy to see revenues up but a little concerned with stock based compensation and spending increases. Overall one of the few companies in the MJ space to turn a profit and seem to be positioned well to weather the COVID storm. Will be interesting to hear about volume ramp ups in the back half of 2020. If they can keep these rev/gram numbers improving and start to ramp up input volumes we will be laughing. TSX uplist should be a big help in the short term as well. Well done VLNS but chill on the spending and make sure we collect on Accounts Payable!
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