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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 Benedictuson Dec 08, 2020 11:39pm
161 Views
Post# 32064939

RE:RE:Broken the Shell of $ 2.00 - VLNS

RE:RE:Broken the Shell of $ 2.00 - VLNSThe profitable US companies and MSOs are getting all the love lately not to mention rich valuations. At $22M for Q3, assume a forward annual revenue run rate of $100M for planet 13. At its current 1.2B market cap (actually I'm too lazy to go verify frhe fully diluted market cap, which is probably higher, so just using # reported on yahoo) yields a forward  PSR of 12. Valens median revenue projection  for 2021 is  $140M. Similar PSR metric applied to VLNS gives it.a $13 share price. As sales ramp up, olume and scale builds  to improve margins, the current share price will be a distant memory. Whether Valens commands a 12x forward PSR is questionable but certainly worth smiling and imagining for a moment . 
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