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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 JW1985on Jun 22, 2020 10:42am
146 Views
Post# 31176351

RE:RE:Share price

RE:RE:Share priceLPs are going to lose market share to these nimble branded companies that are working with CMOs like Valens.  People don't understand that yet. LPs have trouble growing right, and have scattered focus. They will struggle against focused branded companies that only do capes or drinks or topicals etc. That are producing good products that people want to buy. And Valens will innovate more products. And the cycle repeats. Positive for us is we get paid on it all from the provinces and kick back a royalty to the companies taking the lion's share of margin based on work performed. A lot of the new companies aren't going to be well known, I called the company and asked about that. They do their DD and I wouldn't worry about name recognition. That will come when the products hit the shelves. Valens will be a winner, I have a self imposed lockup on my shares until q2 2021. Minimum. But as a result I will get paid. Once people get it that LPs aren't the be all to end all they will shift. 
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