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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 that seek to replicate the price movement of gold, silver or platinum bullion. The Company’s investment adviser is Merk Investments LLC.


NYSE:ASA - Post by User

Comment by KelownaClownon May 19, 2020 4:08pm
228 Views
Post# 31047977

RE:RE:RE:RE:VLNS has a (+273.47% Upside) to $8.74 in next 12 months

RE:RE:RE:RE:VLNS has a (+273.47% Upside) to $8.74 in next 12 monthsI hear you. The way the market reacts to this company's announcements dumbfounds me, especially since I remember the days a few years ago when any kind of company news in the pot sector caused massive and prolonged spikes.

It seems like Valens is being held to a higher standard. Why? I dont know. I have to believe that the company needs to have a couple more quarters of similar results, combined with more positive news such as I've outllined - EU-GMP certification, more deals, the start of international exports, and a few surprises that Valens has, I suspect, up their sleeve.

Eventually, numbers will talk. I figure 5 months from now the value of my current investment will have doubled, but that's just my opinion.

82Supra wrote: Some good news has happened recently and it did nothing to boost the price.  WHen you see gains by the likes of Hexo and ACB it kinda looks like the company has to be badly run to get any gains


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