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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 potstockscanadaon Nov 25, 2020 1:16pm
100 Views
Post# 31970749

RE:RE:The dog that is Valens continued...

RE:RE:The dog that is Valens continued... Are you serious? How easy do you think it is for a Canadian company to enter the U.S. mj sector when it is still federally illegal? They also stated that they are following things and will consider entering when the time is right. Even then, who knows if that is the right play. The U.S. already has many mj companies. Companies like Aurora and Canopy who talk about doing this may very well go broke trying to do it. It will cost a boat load of money to get any traction in the U.S. How many times have you heard investment experts cautioning new canadian companies about jumping into the U.S.? I have have many times. They all say get established in Canada cause it's going to take a lot of time and money to be in the U.S. Just because the U.S. is huge doesn't mean it's the right play. Why doesn't Rogers communications expand across the U.S.?

angelordeath wrote: So oh brillant one u want to share why Valens sits at or near a 52 week low while many of mj stocks have comebck nicely? Mayby the fact there chasing sales in Australia when they have the biggest market in the world is just south of us? Why not try to capitalize on that? No mention or hint to even try to enter the US market. Enlighten me oh great smart one 


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