ASA Limited (AMEX:ASA)

CAPS Rating: 3 out of 5

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.

Recs

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Player Avatar JDuvall420 (66.81) Submitted: 2/7/2007 3:33:58 AM : Outperform Start Price: $18.78 ASA Score: +53.11

Value play (15%) below book, nice hedge on the dollar, and a silver/gold play.

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