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 > Price

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Comment by JW1985on Jun 17, 2020 2:37pm

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Post# 31161440

RE:RE:RE:RE:RE:RE:RE:RE:RE:Price

I'd be green at 4 too but wouldn't take less than 6.50, when they report q3 numbers people are going to s@&$ their pants. We are at a discount because people wanna see q3 and don't believe the projections. By the time we hit q4/q1/q2 we are going to be at least 10 based on cash flows. And I'm not selling anything until we hit our stride and credit is given. We are fourth in sector including MSOs in adjusted EBITDA and nobody knows are name, tells me all I need to know about the current investment crowd. That will change. If CIBC is going to lend us money at prime, you gotta ask yourself, what is the market missing because you know the bankers don't miss anything.

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