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 > 10% acquirer ...

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Comment by Sam129on Jan 16, 2021 3:23pm

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RE:RE:RE:RE:RE:RE:RE:RE:10% acquirer ...

This is a long-term hold for me too. The way I see it, we're at the start of worldwide legalization. If VLNS can use the headstart to develop resources such as they have been doing, and hopefully find ways to erect some barriers to entry, I could see them either dominate or at least being one of the few global players in that space in 15 years.

The more countries open, the more potential for revenues for VLNS. Once the train is running, we're EBITDA positive, and we're past 200M+ in revs, it will become much easier to borrow money to fuel future expansion.

Growth potential is almost limitless. I'd assume SP growth over time to align with this.

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