pgm miners .... danger!
Today, stillwater mining (a PGM miner) announced their 4th quarter profit which was a loss of 1cent per share while the street was expecting about 12cents per share.
Their excuess - higher production costs and lower realised prices.
Although this may not be applicable to some gold or PGM producers, despite higher metal prices, companies can still report losses and are punished by the market.
The same can happen with some of australia's miners.
Be vey very careful
Arhidas neither short or long gold or gold equities.
