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.

NYSE:ASA - Post by User

ASA Gold and Precious Metals Ltd > Processors many never get the same vaulations as producers.

<< Previous

Bullboard Posts

Next >>

Comment by KelownaClownon Mar 18, 2021 7:33pm

204 Views

Post# 32834966

RE:Processors many never get the same vaulations as producers.

I agree with the risk. I thought this when Valens was an extraction company: it was only a matter of time until the LPs got their own extraction equipment. Now you're saying it's only a matter of time until they gain cpg capabilities as well. It's a race, that's for sure - industry and the market always are.

<< Previous

Bullboard Posts

Next >>

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal