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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   

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!?

Anglogold starting to look oversold to me..  or am I being a little hopefool again..

Anglogold starting to look oversold to me..  or am I being a little hopefool again..

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.