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honestly pan's been tough to watch at r22.63, gold's supposed to be our hedge but the rand strength is kill…by @jozi_janet on $PAN

JA
Janet M.@jozi_janet·Bearish

honestly pan's been tough to watch at r22.63, gold's supposed to be our hedge but the rand strength is killing it for local miners right now. compare that to some of the mid tier producers overseas and we're just not getting the same upside even when spot gold moves. the long term play is still there if you believe in south african gold coming back but ngl might be a waiting game

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