GOLD STOCK: SBGL Sibanye Gold TOP GOLD DIVIDEND STOCK
Just wanted to add a new piece of information for those out there that like this specific Gold stock.
Hope this helps. Full article link below.
http://www.nasdaq.com/article/sbgl-named-top-dividend-paying-rock-stock-at-metals-channel-with-672-yield-cm792430
An amazing drop of +35% from the previous day's close. I'll be watching this. Thanks for the tip!
There is a good reason for the drop in price. Check out my previous post about SBGL. I explain why it happened and provide evidence and analysis of where the stock is headed.
https://steemit.com/gold/@darionxp/gold-stock-sibanye-gold-crash-or-buying-opportunity-you-decide
Thanks @darionxp
5.5% Divident is smoking good.
The Stock SBGL:US is very low under $6
This will price will be $25 by year end maybe even $100 if gold goes over $2000oz.
Correct, this is why when I took the hit as well as other people did, I just said, take it, the picture is long term value. More shares also means more dividends, so right now the stock is kinda at a fire sale price. The company is now ranked among the top 5 mining companies globally with its recent acquisition, which is why the stock tanked, but for guys like me who see the long term potential, we know that stuff like this must not scare us off this stock.
what price should I buy it at?