SEC Form 13F Summary: ASA Gold & Precious Metals Ltd
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by ASA Gold & Precious Metals Ltd for the reporting period ending June 30, 2017. The form discloses the investment manager's holdings of equity securities as required by the Securities and Exchange Commission.
Key Financial Metrics and Holdings
The filing details a portfolio concentrated in the gold and precious metals mining sector. The total value of reported holdings is approximately $111,201,000 (sum of Column 4 values). The portfolio consists of 18 distinct issuers, all held with Sole voting authority.
| Issuer | Shares Held | Value ($000s) | Voting Authority |
|---|---|---|---|
| Agnico Eagle Mines Ltd | 450,000 | 20,304 | Sole |
| Alamos Gold Inc | 875,000 | 6,210 | Sole |
| Asanko Gold Inc | 1,825,000 | 2,801 | Sole |
| B2Gold Corp | 1,594,338 | 4,489 | Sole |
| Barrick Gold Corp | 1,125,000 | 17,899 | Sole |
| Compania De Minas Buenaventura | 699,000 | 8,039 | Sole |
| Eldorado Gold Corp | 650,000 | 1,716 | Sole |
| Franco Nevada Corp | 160,000 | 11,548 | Sole |
| Goldcorp Inc | 932,400 | 12,037 | Sole |
| Kinross Gold Corp | 800,000 | 3,256 | Sole |
| MAG Silver Corp | 275,000 | 3,591 | Sole |
| New Gold Inc | 500,000 | 1,590 | Sole |
| Newmont Mining Corp | 570,368 | 18,474 | Sole |
| Pretium Resources Inc | 625,000 | 6,006 | Sole |
| Randgold Resources Ltd | 254,100 | 22,478 | Sole |
| Royal Gold Inc | 190,000 | 14,852 | Sole |
| Tahoe Resources Inc | 708,200 | 6,107 | Sole |
Material Changes and Guidance
Material Changes: The filing text does not provide comparative data for the prior quarter; therefore, material changes in holdings versus the prior period cannot be determined from this document alone.
Guidance and Outlook: Form 13F filings are historical disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans.
Investor Verification Checklist
- Portfolio Concentration: Verify the exposure to specific mining jurisdictions and commodity price sensitivity given the 100% allocation to gold/precious metals equities.
- Top Holdings: Confirm the valuation of the top three positions (Randgold Resources, Agnico Eagle Mines, and Newmont Mining) which collectively represent over 50% of the reported portfolio value.
- Voting Control: Note that the manager exercises "Sole" voting authority on all reported positions, indicating no shared control with other managers.
- Missing Data: Acknowledge that revenue, profit, cash flow, debt, and liquidity metrics for ASA Gold & Precious Metals Ltd are not included in this filing type.