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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 Capharnaumon Jan 26, 2021 12:41pm
122 Views
Post# 32388207

RE:Long term trends

RE:Long term trends
lscfa wrote: Any commentary on this? Personally, I think the proliferation of cannabis edibles is silly. Why add calories to your consumption of cannabis? Other drugs get consumed in only 1 or 2 ways. You don't go to a rave and ingest ecstasy gummies, ecstasy beer, ecstasy brownies.   


I think it's a move towards general consumption (more than a specific target like raves). You can also have zero calorie gummies.

However, this latest acquisitions raises the question... are they still going the White Label route? How has their strategy changed? What will margins look like? What about competition?

There may be resistance going upwards until the "new" strategy proves right.
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