ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

Metals & Mining Industrial Metals & Minerals

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 > Buying before the close & positive MOC

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Post by PUNJABIon Mar 12, 2021 4:26pm

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Post# 32787897

Buying before the close & positive MOC

VLNS had a few small buyers today and the stock started to trade higher, but it was capped at $1.99 because TD was offloading shares. At times selling blocks of 30000 shares.

Once the positive MOC imbalance for VLNS and few other stocks in the sector was announced 20 minutes before close, VLNS broker $2.00.

The market on close positive imbalance for the stock was 151782 shares. Some other stocks in the sector had a much bigger positive imbalance. This is institutional buying most likely a sector ETF adding to the positions.

Before the imbalance trade at the close, the last trading price was $2.04 the imbalance trade took the share price to close at $2.10. All MOC trades were executed at that price.

Finally, the stock broke above the last dilution price. Monday trading is important to see if the stock has truly absorbed the last financing. which had caused a serious overhand on the stock price and this stock has stalled while other stocks have multiplied.

This stock will catch up once the overhang of the last dilution is fully absorbed into the market. Once the top stocks in the sector spike and inflate, money eventually rotates through the laggards too.

House Positions for C:VLNS from 20210312 to 20210312

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
33 Canaccord	355,043	724,174	2.04	53,766	107,528	2.00	301,277	-616,646
1 Anonymous	573,718	1,120,994	1.954	294,573	587,629	1.995	279,145	-533,365
82 Stifel Nicholas	150,000	296,991	1.98	0			150,000	-296,991
97 M Partners	146,100	281,719	1.928	0			146,100	-281,719
3 AltaCorp	49,100	97,319	1.982	0			49,100	-97,319
65 Goldman	18,369	35,271	1.92	0			18,369	-35,271
13 Instinet	30,300	59,481	1.963	17,300	34,772	2.01	13,000	-24,709
89 Raymond James	6,280	12,265	1.953	0			6,280	-12,265
17 Integral	800	1,621	2.026	0			800	-1,621
212 Virtu	253	482	1.905	213	419	1.967	40	-63
36 Latimer	25	46	1.84	0			25	-46
84 Ind Trading	1,500	3,009	2.006	1,500	3,150	2.10	0	141
57 Interactive	0			250	471	1.884	-250	471
88 Credential	0			2,550	5,097	1.999	-2,550	5,097
72 Credit Suisse	0			4,800	8,915	1.857	-4,800	8,915
28 BBS	0			6,040	12,104	2.004	-6,040	12,104
53 Morgan Stanley	38,243	72,583	1.898	45,344	88,812	1.959	-7,101	16,229
19 Desjardins	2,500	4,950	1.98	10,395	20,264	1.949	-7,895	15,314
14 ITG	900	1,754	1.949	11,000	21,193	1.927	-10,100	19,439
39 Merrill Lynch	55,300	106,284	1.922	69,500	135,676	1.952	-14,200	29,392
5 Penson	26,399	50,729	1.922	53,460	104,995	1.964	-27,061	54,266
124 Questrade	11,049	21,045	1.905	40,145	79,325	1.976	-29,096	58,280
9 BMO Nesbitt	1,550	2,954	1.906	33,340	67,438	2.023	-31,790	64,484
80 National Bank	14,509	27,737	1.912	57,861	112,511	1.945	-43,352	84,774
85 Scotia	9,699	18,612	1.919	73,455	146,681	1.997	-63,756	128,069
79 CIBC	204,598	394,641	1.929	313,584	607,876	1.938	-108,986	213,235
2 RBC	79,416	151,759	1.911	294,169	570,091	1.938	-214,753	418,332
7 TD Sec	79,859	154,383	1.933	472,265	925,860	1.96	-392,406	771,477
TOTAL	1,855,510	3,640,803	1.962	1,855,510	3,640,807	1.962	0	4

Trades for C:VLNS on 20210312 - 200 trades displayed

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
16:00:00	U	2.02	0.13	100	2 RBC	85 Scotia
16:00:00	U	2.02	0.13	2,000	2 RBC	85 Scotia
16:00:00	U	2.02	0.13	300	2 RBC	85 Scotia
16:00:00	H	2.02	0.14	100	2 RBC	85 Scotia
16:00:00	T	2.10	0.21	82	65 Goldman	7 TD Sec	Q
16:00:00	T	2.10	0.21	700	1 Anonymous	85 Scotia	KQ
16:00:00	T	2.10	0.21	200	65 Goldman	85 Scotia	KQ
16:00:00	T	2.10	0.21	1,200	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	80 National Bank	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	3,000	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	1,800	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	700	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	900	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	2,000	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	200	33 Canaccord	2 RBC	KQ
16:00:00	T	2.10	0.21	10,000	33 Canaccord	79 CIBC	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	39 Merrill Lynch	KQ
16:00:00	T	2.10	0.21	1,000	33 Canaccord	7 TD Sec	KQ
16:00:00	T	2.10	0.21	700	33 Canaccord	7 TD Sec	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	88 Credential	KQ
16:00:00	T	2.10	0.21	300	33 Canaccord	9 BMO Nesbitt	KQ
16:00:00	T	2.10	0.21	400	33 Canaccord	9 BMO Nesbitt	KQ
16:00:00	T	2.10	0.21	400	33 Canaccord	80 National Bank	KQ
16:00:00	T	2.10	0.21	1,000	33 Canaccord	85 Scotia	KQ
16:00:00	T	2.10	0.21	1,300	33 Canaccord	124 Questrade	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	5,000	33 Canaccord	33 Canaccord	KQ
16:00:00	T	2.10	0.21	2,000	33 Canaccord	33 Canaccord	KQ
16:00:00	T	2.10	0.21	1,200	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	500	33 Canaccord	7 TD Sec	KQ
16:00:00	T	2.10	0.21	2,000	33 Canaccord	124 Questrade	KQ
16:00:00	T	2.10	0.21	700	33 Canaccord	124 Questrade	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	7 TD Sec	KQ
16:00:00	T	2.10	0.21	10,800	33 Canaccord	9 BMO Nesbitt	KQ
16:00:00	T	2.10	0.21	1,200	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	13,600	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	13,700	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	5,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	17,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	2,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	1,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	200	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	8,700	33 Canaccord	33 Canaccord	KQ
16:00:00	T	2.10	0.21	8,800	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	2,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	1,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	5,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	4,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	8,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	5,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	1,000	33 Canaccord	1 Anonymous	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	84 Ind Trading	KQ
16:00:00	T	2.10	0.21	100	33 Canaccord	80 National Bank	KQ
15:59:54	T	2.04	0.15	65	1 Anonymous	7 TD Sec
15:59:54	T	2.04	0.15	300	1 Anonymous	9 BMO Nesbitt	K
15:59:51	T	2.03	0.14	100	1 Anonymous	2 RBC	K
15:59:51	T	2.02	0.13	300	17 Integral	79 CIBC	K