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 OCBuddy (98.60) Submitted: 8/28/2006 6:13:29 PM : Outperform Start Price: $18.65 ASA Score: +42.78

Gold and silver is a play on weakening dollar and global destabilization politically and economically.

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