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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Comment by KelownaClownon Nov 24, 2020 9:39am

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Post# 31959666

RE:RE:RE:Today

LargeMan2 wrote: There are no other capital expendures required on K2. This facility increases Valens Capacity in Kelowna by 4x and reduces their costs on manufacturing. Good luck longs next year. The world is watching as per Valens website introduction...

I am not aware of any additional capital expenditures or licenses required to start operations in the K2 facility. The only think I might anticipate is that Valens may want to re-locates some equipment from K1 to K2 to reduce over-crowding and optimize operations, but if so, that will be an operational expense, not capital.

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