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Gold stocks and strikes

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Guys, I know many of you have traded through the wage negotiations in the past wrt gold producers and NUM. What effect does a strike have on share prices for say Harmony, Anglo Goldfields etc. Is it the strike action or the result of the negotiations that affect the share prices if at all?
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AJT
Super Contributor
Based on the depth our gold mines operate at, there are always cost pressures and hence wage negations have a direct impact on these costs. If the rand gold price maintains current levels, then i would not expect is to have a material impact on the share prices...
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