Below A note I just sent to investor relations. james.wellsted@sibanyegold.co.za
James,
FYI. Decades ago I vowed, for various reasons, never to buy South African stocks. I don’t remember the tickers involved. I do remember the non performance.
Recently I invested in some SBLG, and after your “rights announcement” and the crashing value of your shares, I was abruptly reminded of the past.
From this day forward I will never ever invest in any and all African miners. I’m extremely happy and lucky that by chance I sold most of the shares at $8.64 on 5/12, soon just before the announcement.
Best regards,