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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 PUNJABIon Jan 24, 2022 10:46am
335 Views
Post# 34352357

This stock is a case study for me.

This stock is a case study for me. I had identified major flaws in the business model of this company and red flags in their current approach of buying expensive money-losing companies, not properly consolidating and controlling expenses.  Very reckless and aggressive approach as money grows on trees. I think they have dug a big hole. I want to see if they can get out of it.

I do cases studies, to see if my concerns and analysis about companies are correct. I will follow the companies till their very end.   It is a learning process for me that helps me to learn very valuable lessons and don't get trapped in the hype and the spin of the executives of the companies.

Learn to find the red flags in your investments be very objective.

We are in a correction. During corrections, the preservation of capital is the most important thing.



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