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

ASA Gold and Precious Metals Ltd > Borrowing usually disastrous for money losing co

<< Previous

Bullboard Posts

Next >>

Comment by KelownaClownon Dec 16, 2021 11:03am

160 Views

Post# 34236804

RE:RE:RE:Borrowing usually disastrous for money losing co

rghalifax wrote: To be fair,Hexo is in bad shape,issuing shares just to survive,not expand,and they owe close to a billion...over a billion in total liabilities?Valens could issue more shares and they probably will to make another acquisition eventually because they're growing the business not just scrambling to survive.They're certainly not bleeding out like Hexo...unfair comparison but not surprising,you never say positive things about Valens.I'm not too pleased with the SP drop but I expected it with the Nas listing.Temporary.Long as in 9 innings and this is the 1st.GLTA and Merry Christmas

Agreed, Punjabi is like the crows you see circling around in the sky looking for road-kill. He shows up to put a negative spin on anything can be viewed negatiively, and has nothing to say on positive news. Funny that, eh?

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec