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 > Stock is still in an upward trend

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Comment by PUNJABIon Apr 16, 2021 1:20pm

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Post# 33011834

RE:RE:RE:Stock is still in an upward trend

Will try the spreadsheet.

Bottom line.

This rally has been generated by anonymous. There is definitely a major buyer behind it. There are others using Anonymous so all buying is not coming from one buyer the majority is. He is using an automated order system but there is an active buyer behind the computer screen.

Yesterday after the open major sellers at lower prices were exhausted. Lower offers were very weak with gaps in selling prices. He did not find much resistance to run up the price.

As long as he is active he will hold the price and push it higher when there is a gap or sellers not dropping shares on the bids. For me buying from anonymous is the key to the movent of the price and direction. Today there is also an active seller from Anonymous using a selling program for very small lots.

Besides Anonymous and CIBC there is little volume coming from other brokers today. CIBC is a big player but has a natural to negative bias. Seem to be always selling more shares which are most likely from retail customers.

House Positions for C:VLNS from 20210416 to 20210416

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
53 Morgan Stanley	108,100	302,207	2.796	3,215	9,038	2.811	104,885	-293,169
1 Anonymous	407,721	1,143,755	2.805	309,665	869,091	2.807	98,056	-274,664
14 ITG	12,600	35,337	2.805	1,700	4,794	2.82	10,900	-30,543
7 TD Sec	41,000	114,934	2.803	30,985	86,558	2.794	10,015	-28,376
17 Integral	9,300	26,028	2.799	0			9,300	-26,028
72 Credit Suisse	3,100	8,720	2.813	0			3,100	-8,720
13 Instinet	4,999	13,901	2.781	1,900	5,320	2.80	3,099	-8,581
3 AltaCorp	1,000	2,790	2.79	0			1,000	-2,790
212 Virtu	113	316	2.796	2	5	2.50	111	-311
36 Latimer	105	293	2.79	50	138	2.76	55	-155
18 Echelon	2	5	2.50	2	5	2.50	0	0
88 Credential	1,000	2,800	2.80	1,000	2,830	2.83	0	30
9 BMO Nesbitt	2,600	7,310	2.812	3,900	10,846	2.781	-1,300	3,536
57 Interactive	50	139	2.78	1,500	4,182	2.788	-1,450	4,043
65 Goldman	0			1,500	4,175	2.783	-1,500	4,175
19 Desjardins	50	138	2.76	2,000	5,620	2.81	-1,950	5,482
124 Questrade	11,500	32,372	2.815	13,760	37,763	2.744	-2,260	5,391
80 National Bank	8,818	24,878	2.821	13,369	37,438	2.80	-4,551	12,560
39 Merrill Lynch	97,591	273,091	2.798	102,483	286,873	2.799	-4,892	13,782
5 Penson	12,356	34,465	2.789	19,515	54,546	2.795	-7,159	20,081
33 Canaccord	0			7,244	20,202	2.789	-7,244	20,202
85 Scotia	11,038	31,116	2.819	23,718	66,290	2.795	-12,680	35,174
79 CIBC	158,280	444,011	2.805	209,467	587,388	2.804	-51,187	143,377
2 RBC	19,847	55,582	2.801	86,095	241,613	2.806	-66,248	186,031
89 Raymond James	400	1,124	2.81	78,500	220,595	2.81	-78,100	219,471
TOTAL	911,570	2,555,312	2.803	911,570	2,555,310	2.803	0	-2