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 Benedictuson Nov 24, 2020 12:27pm

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Post# 31961378

RE:RE:RE:RE:Today

I re-listened to the investor presentation Q&A. According to Chris, The K2 is near completion requiring $2M more in capex and an additional $10M in capex to implement a staged approach to bring machinery on board as volume builds.

The K1 facility is 25K sf and the K2
is 42K sf.

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Investors eye Australian gold mining projects amid promising developments