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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

Post by KelownaClownon May 09, 2021 9:29am
316 Views
Post# 33161505

Just Checked My Open Sell Orders

Just Checked My Open Sell OrdersThought I'd share a cautionary note that occurred to me this morning. I usually have long-term sell orders on my Valens shares, at a number I think is safe from a sudden spike. A couple of months ago, I might have thought an asking price of $5 or $6 was high enough. Now i dont think so. I just made sure all of my sell orders are set at $10, because an announcement tomorrow of a take-over bid could instantly spike the stock 50%, and any open order I had at $6 would fill. If someone offered me $6 for my shares right now, I'd say no. $7 might get me to sell but I'd want to think about it. Anyway, to avoid any surprises, I figure $10 is probably a safe level for the next couple of months. GLTA Longs!
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