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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 KelownaClownon Apr 20, 2021 9:07am
154 Views
Post# 33027961

RE:RE:Valens is setting the market price for bud !!

RE:RE:Valens is setting the market price for bud !!
SaltyJim wrote: Who exactly is Verse?     Ownerships, location, size, history..... anyone?

Looks conspiciuously like Valens itself.    

Apparently valens exec's have come out and stated that the company does not have an ownership position in Verse. I think maybe they said no insider has an ownership position in Verse as well, but if that's the case I'm inclined to believe Verse is owned by a couple of Tyler's high-school buddies or a different but similar relationship, because they do seem to be in a close partnership.

So if it's not a company insider, what's the basis of the relationship? Purely business? Maybe, but if that's the case why is it so difficult to get information about the ownership of Verse?

Apparently the Verse trademark was registered by a numbered company with an address that's an average house in an average residential neighbourhood in Kelowna. Someone with deep pockets may be using it as a post office address, who knows? I guess if anyone is willing to spend the time it might be possible to check the Kelowna tax rolls or real estate records or some other method and see who owns the property. I wouldn't be surprised if it's another numbered company.

Where Verse is concerned, I find the lack of ownership information quite odd, and i dont love it, but I'm prepared to ignore it as long as everyone is making money, including me.
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