Business Context and Reporting Period
This Form 13F-HR filing reports the equity holdings of ASA Gold & Precious Metals Ltd, an institutional investment manager, for the quarter ended September 30, 2012. The report was signed by Rodney D. Yee, Chief Operating Officer, Chief Financial Officer & Treasurer, on November 13, 2012.
Key Financial Metrics
As a Form 13F filing, this document discloses portfolio holdings rather than the operating financials of the manager itself. Key portfolio metrics include:
- Total Portfolio Value: $345,154,000
- Total Number of Holdings: 16
- Investment Discretion: Sole discretion for all reported positions.
- Top Holdings by Value:
- Randgold Res Ltd ADR: $54,698,000
- Goldcorp Inc. New: $54,213,000
- Barrick Gold Corp: $52,200,000
- Agnico-Eagle Mines Ltd: $17,084,000
Material Changes
The filing text does not provide a clear value for material changes versus the prior comparable period. Form 13F reports are snapshots of holdings at the end of the quarter and do not inherently contain comparative data or change analysis within the document text provided.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items. This form is a regulatory disclosure of securities held and does not include narrative commentary on market conditions or future strategy.
Important Facts for Investor Verification
- Verify the total portfolio value of $345.2 million against the sum of individual position values to ensure reporting accuracy.
- Confirm the concentration risk, as the top three holdings (Randgold, Goldcorp, Barrick) represent approximately 45% of the total reported portfolio value.
- Note that the portfolio is heavily concentrated in the gold and precious metals mining sector, with no reported holdings in other sectors.
- Check for any subsequent amendments or restatements filed after November 13, 2012, as this document represents a static snapshot.