Randgold Resources Share Discussion Threads

[pixi] 15/7/2016 10:06

I don't think it will be very profitable, time will tell.

[chesty1] 14/7/2016 14:51

Everyone is looking to short gold stocks...

[stevenrevell] 14/7/2016 10:19

Hi can anyone tell me will this and Fres shares drop if the Internet rate gets cut I'm new to this ta

[mike24] 12/7/2016 10:34

14/7 dipped below 1329 twice, why are punters long to-day?
off low of 1321, looking to see if can hold above 1330 fri, ?
18/7 slipping back to 1300 maybe lower?

need a good suckers rally to short into,
nai

[stumbleupon] 07/7/2016 15:05

Why the drop

[dlewis1] 06/7/2016 08:22

Well Macquire's 9500 price target reached and breached this morning. Next stop is 10000

[sogoesit] 04/7/2016 14:29

Thanks, so its a GBP/forex issue, mainly, is my guess since £ is also uncertainty related.
Appreciated.

[chiva20] 04/7/2016 13:31

And several uncertainties expected ...

[dlewis1] 04/7/2016 12:41

I expected this to reach 90 but wasn't expecting it today. In terms of where this is heading I still think around 120 before any significant pull back but I could be wrong. This Thursday election for who will be the next prime minister could have some impact on the pound which means it could affect the appetite for gold. Any uncertainties could continue to drive this up.

[sogoesit] 04/7/2016 11:17

Macquarie raises price target to 9500p.
At $1.35/£ that puts them on a trailing P/E of 63.
Where's the upside from here; in the gold price, production or forex?
Any views?

[dlewis1] 01/7/2016 13:02

This share is breaking all the upward barriers at the moment. Let's see what happens at 90. I really think this will end up at 120 in the not to distant future. Currently trading this with a limit stop loss if it drops 700 below the peak of any one day.

[sogoesit] 30/6/2016 15:04

Hmmm, thanks hp. Ok on the general strategy but looks like i left RRS party a bit early!
But I stay in Physical Gold (GBP and USD based).

[hpcg] 28/6/2016 10:19

Well played Sogoesit. Gold rose as the dollar gained, now falling with the dollar. RRS too volatile for me at this juncture.

[sogoesit] 28/6/2016 08:49

Sold out at £78.
RRS is part of my gold/GBP insurance so see it has "done its duty" for the time being. Will re-enter at a later date on any pull-back.
GBP probably oversold now so will go long GBP short Yen by reversing that holding.
Good luck with the volatility!

[dlewis1] 27/6/2016 11:58

I think this will move to around £120 in the near future. It needs to break £80 and if it does before end of play today we could see it swiftly moving towards the £120 mark.

[astjgroom] 27/6/2016 11:36

U lot done so well, well done! Kick myself not buying at 55 months ago, hey ho

[r88ave] 27/6/2016 10:34

Heading for £100 imo

[k mon] 27/6/2016 09:59

So says Sanks - in a squeaky voice

Shorts squeeze - tight stops :0)

[sanks] 27/6/2016 09:40

My bird Sheila remains remains a seller on RRS with a short term shaggers level 4 target of £54. She told me last night, big false shagger rises bring, big minj shagger drops...she said the double top is easily spotted like a blind man spotting a minj.

Hope this begins to make some sense soon before the ship begins to sink
Sanksalot

[arja] 24/6/2016 19:56

darias- the talk is about reducing interest rates and no idea how that will help to support sterling !

[hpcg] 24/6/2016 18:17

JCB likely to try to keep Yen down. No Fed interest rate raise, Bunds negative yield, Gilts up in Sterling terms, down a lot for foreign currency holders. Is there any reason for the Euro and Sterling to diverge? No reason for BOE to raise rates. If imports are more expensive and we spend less abroad then current account improves. Finally - the Spanish election is on Sunday. Results are unlikely to be favourable for the Euro.

Having said all that, next RRS move is very difficult. Fill the gap? Seems unlikely. Form a new base at about this level? I don't know at all.