MasterRSI out at 90p?22 Feb 2018 11:18
timely sale..
For those still holding, I am not, 90p was reached and I am gone ........ Sibanye Gold Reports 10% Decline in Reserves The decline in mineral reserves can affect the future production of metals February 20, 2018 Sibanye-Stillwater (NYSE:SBGL) fell 2.52% to $4.65 on the heels of a report that the South African gold mining company had a 10% decline in its reserves. The cause of the decline was attributed to a depletion for mining activities, the end of underground operations at Cooke (Johannesburg), a revised mine plan at Beatrix (Free State Province, South Africa), an increase in pay limits and technical factors. The 10% decline in South African gold reserves took place from Dec. 31, 2016 to Dec. 31, 2017. The company reported 25.737 million ounces in Dec. 31, 2017.Sibanye Gold estimates gold resources in 85.111 million ounces at the end of 2017. Https://www.gurufocus.com/news/643747/sibanye-gold-reports-10-decline-in-reserves-