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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

Post by JW1985on Sep 02, 2020 3:21pm
366 Views
Post# 31495986

Q3

Q3What's everyone's thoughts on q3 performance and where do we end up on share price near term? I gotta be honest with everyone I'm frustrated by the inability to maintain a positive trend in SP or attract meaningful volumes. Q3 I'm thinking 20 million is reasonable which implies 24 million q4 to hit that 92 million annual target. I'm hoping those numbers are overly conservative but judging on price action they aren't. I originally thought 3.25 would be reasonable but now I have no idea, the way this thing trades boggles me. I see other boards griping out about management and the need for changes at the top, I wanted to give these guys the benefit of the doubt and some time to run but I'm getting frustrated 
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