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 > The Outdoor growers hit it out of the park

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Comment by KelownaClownon Oct 15, 2021 11:57am

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Post# 34010095

RE:The Outdoor growers hit it out of the park

Proceeds wrote: This year , the market will be flooded with very high grade low cost cannabis that will take 3-4 months to work through the system , the price of indoor flower could drop 30% , just more losses on the balance sheet nest two quarters.

The harvest appears to be good this year, but i dont see how that hurts Valens, at least not directly. On the other hand, indoor growers must be concerned.

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