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General Category => Shares => Topic started by: jonb on August 16, 2016, 01:31:35 pm

Title: GOLD SHARES more specifically ANGLO GOLD ASHANTI??
Post by: jonb on August 16, 2016, 01:31:35 pm
So ANG reported recently and from my basic layman understanding it all looked rather positive ? They even set to possibly resume paying a dividend early 2017. Yes there was some concern on Obuasi gold mine with illegal miners but overall really positive

why then is the stock taking a massive pounding over the past two days   :wtf:

Would love it if someone could help me understand that one!

Never a fan of Gold shares to be honest from what I have heard... but this was part of a momentum play in my portfolio for this year and was the only stick to be honest that was smashing it ... until now!

I get the exchange play with stronger rand however this is directly linked to the report recently which looked positive!?
Title: Re: GOLD SHARES more specifically ANGLO GOLD ASHANTI??
Post by: Moonraker on August 16, 2016, 02:29:55 pm
Missed Trading Update ..
http://www.moneyweb.co.za/mny_sens/anglogold-ashanti-limited-trading-statement-for-the-six-months-ended-30-june-2016/
Title: Re: GOLD SHARES more specifically ANGLO GOLD ASHANTI??
Post by: bits on October 04, 2016, 12:37:04 pm
Anglogold starting to look oversold to me..  or am I being a little hopefool again.. :whistle:
Title: Re: GOLD SHARES more specifically ANGLO GOLD ASHANTI??
Post by: jaDEB on October 04, 2016, 02:45:14 pm
Sold my DRD yesterday, lost 27%  :'(
Title: Re: GOLD SHARES more specifically ANGLO GOLD ASHANTI??
Post by: bits on October 05, 2016, 02:07:36 pm
Quote from: bits on October 04, 2016, 12:37:04 pm
Anglogold starting to look oversold to me..  or am I being a little hopefool again.. :whistle:

Myhopia: Def - Perceptive deficit resulting from a vascular constriction of blood supply to the cognitive region of the brain, as a result of the toxic bite of the Charidotella sexpunctata.

I'll not mention 'oversold' and the company that should not be named again, lest it precipitates another plunge. :-[
Title: Re: GOLD SHARES more specifically ANGLO GOLD ASHANTI??
Post by: stealthywealth.co.za on October 05, 2016, 02:12:41 pm
Roffey be like...