ASA Limited (AMEX:ASA)
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Established in 1958, the company is a closed-end fund that invests in the securities of mining companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals. The company’s wholly-owned investment adviser designs and manages gold and precious metals investment portfolios for foundations, endowments and other institutional investors.
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Re-posting. From my last post:
The future president of South Africa, Jacob Zuma, believes showers protect against AIDS. South African companies need to get ready for several more years of rolling blackouts as the money allotted for power grid expansion goes to the Winnie Mandela memorial soccer and necklacing fund.