ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

Metals & Mining Industrial Metals & Minerals

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 > This is buggered

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Comment by potstockscanadaon Nov 09, 2020 3:29pm

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Post# 31864622

RE:RE:RE:RE:RE:RE:This is buggered

Real question here; I'd like to get better understanding how this can happen ---

I get that if someone dumps 150,000 shares it can put pressure on the price but why would someone sell at such a low price, when it was up nicely? Did they just sell at market (which would be pretty dumb)? There was also some decent volume today, so it doesn't really make sense to me. Or maybe the price was already coming down and I just missed it, but it seemed like it was $1.86 and the next minute it was $1.68. Thanks for your comments.