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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ASA Gold and Precious Metals Ltd > Like the way she trades

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Comment by Benedictuson Dec 01, 2020 1:37am

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RE:RE:RE:Like the way she trades

Quarter end activity has had an impact on recent trading without a doubt. That and there's been a backdrop of more positive sector and political news to put the wind in the sails. 2.10-2.15 is crucial resistance. Until that is broken it can certainly stay rangebound between 1.70s to 2, remains to be seen. Medium term as K2 and GTA come online and they scale up and we get some better visibility on improving margins, I'd say the risk/reward setup is very very good. All imo.

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Advancing flagship Ishkõday Gold Project in Ontario