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 > CEWS distortion

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Comment by SIMPLICITI1on Oct 16, 2021 8:25pm

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Post# 34014281

RE:RE:RE:RE:CEWS distortion

Yes, I hope everyone investing is acutely aware of the importance of accounting. My point is simply that accounting alone (the blessed snapshot) is not the only or even the most important data point.

Some on these bulletin boards over emphasize their value which can result in generating fear which in turn can lead to a lower share price .

I would go as far as to say that some even try to use this to their advantage. Oh well.

Management needs to lead the market and their company by example. So to that extent I am disappointed in their total compensation package when losing this kind of cash.

Its the times we live in perhaps...... Money is just too damn inexpensive.....

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