UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2009
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: ASA Limited
Address: 11 Summer Street, 4th floor, Buffalo, NY 14209-2256
Form 13F File Number: 28-11034
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Lawrence G. Nardolillo
Title: Chief Financial Officer & Treasurer
Phone: 716-883-2428
Signature, Place, and Date of Signing:
/s/ Lawrence G. Nardolillo Buffalo, New York April 20, 2009
---------------------------- ----------------------------- -------------------
Report Type (Check only one):
[X] 13F HOLDINGS REPORT.(Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 11
Form 13F Information Table Value Total: $262,081 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13f file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
None
FORM 13F INFORMATION TABLE
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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Agnico-Eagle
Mines Limited Common Stock 008474108 34,152 600,000 SH Sole 600,000
Barrick Gold Common Stock 067901108 33,231 1,025,000 SH Sole 1,025,000
Corporation
Compania de Minas Sponsored ADR 204448104 34,987 1,459,000 SH Sole 1,459,000
Buenaventura
Goldcorp Inc. Common Stock 380956409 39,984 1,200,000 SH Sole 1,200,000
Harmony Gold Mining
Company Limited Sponsored ADR 413216300 5,504 503,100 SH Sole 503,100
Kinross Gold
Corporation Common Stock 496902404 20,104 1,125,000 SH Sole 1,125,000
Newmont Mining Common Stock 651639106 18,816 420,368 SH Sole 420,368
Corporation
NovaGold Note 66987EAA5 6,742 15,000,000 PRN Sole 15,000,000
Resources Inc.
NovaGold Common Shares 66987E206 6,369 2,307,691 SH Sole 2,307,691
Resources Inc.
Randgold ADR 752344309 55,421 1,019,700 SH Sole 1,019,700
Resources Limited
SPDR Gold Trust Gold Shares 78463V107 6,771 75,000 SH Sole 75,000