MO
MomentumTracker@momentumtracker_jse·Bearish
GFI closed at R639.42 but the gold price keeps grinding higher and that's not flowing through to the stock like it should. reckon the market is still spooked about the rand weakness eating into rand costs, plus those labour issues at some of the SA shafts never really went away. if spot holds above 2000 usd the miners have to rerate eventually, but GFI needs to show output numbers first before the punters come back in.