Randgold Resources Share Discussion Threads

[chinese investor] 01/7/2017 07:34

Are you still trying to find "Michaels" ?
May I humbly suggest you're not trying that hard !

Professor Pettigrew (VGM) 8 Jul'11 - 19:49
...."Michaels" - we all know you have a big mouth.
Carry on in the way you know I mean, and it will be closed.

[astute person] 01/7/2017 06:30

I once met Professor Pettigrew and I regretted it.

[professor pettigrew] 30/6/2017 22:23

You are both scum filth.

[boraki] 30/6/2017 20:50

Good luck to you Fez...

[fez77] 30/6/2017 20:08

Boraki - I didn't get any today. I tried at 8am but couldn't get into the system and had a look later at 10am and they had already gone up.

I'm currently £1000 down but am not worried about that. They will come back.

Suffered more of a drop with SXX today - but they will come back also!

At least my XAR are finally showing a small profit!

[boraki] 30/6/2017 18:31

Interesting reading about possible Dow collapse

[adrian noble] 30/6/2017 17:35

That Chinese Investor's good.

[chinese investor] 30/6/2017 17:32

I sold completely at 10 20 this morning.

Have a good weekend everyone !

[gilesgraves] 30/6/2017 16:56

im going to start buying next week. i think gold is about to turn upwards

[christh] 30/6/2017 14:45

they seek him here,
they seek him there,
CI is no-where.

[michaelsadvfn] 30/6/2017 14:20

He annoys you doesn't he?

He suckers you in every time and you always have to respond. Who's the idiot?

[boraki] 30/6/2017 13:35

I can't see these ending the day up.

They have just turned negative again

Unbelievable

[christh] 30/6/2017 12:42

I bought over 1 month ago at £75, maybe retreated a bit but should go back up to £77-£83

[boraki] 30/6/2017 11:14

Have you added Chinese?

[chinese investor] 30/6/2017 10:21

Looking Good !

Chinese Investor (RRS) 26 Jun '17 - 10:08
I'll be interested around £68.50 !

[boraki] 30/6/2017 10:20

Did you manage to get some Fez?

I have been loosing on these every day since I bought them to weeks ago at £72.. :-(

[fez77] 29/6/2017 17:55

Looking good value I think. I will try to bag some tomorrow if I can get them at this price.

[boraki] 29/6/2017 17:02

Dow is getting a bit nervous as I speak

[boraki] 29/6/2017 15:54

The only hope we have here is a stock market correction or severe crash or earthquake.

The correction we are overdue,

The crash we are overdue and the earthquake we are over due

None of which are good for most people.

:-(

[return_of_the_apeman] 29/6/2017 13:26

Crossed below 200 line on chart, this looks very negative, however fast stochastic at the bottom and RSI low so could go either way. If I had to pick I would say down sharply short term unless it can close above 200 line.

Just my thoughts

[boraki] 29/6/2017 09:19

RANDGOLD SCHEDULES MASSAWA PROJECT FOR FEASIBILITY FINALISATION

Dakar, Senegal, 28 June 2017 -
The feasibility study on Randgold Resources' Massawa gold project in Senegal is scheduled for completion by the middle of next year, when a final decision on its development will be made, chief executive Mark Bristow said here today.

Speaking at a media briefing to mark the start of the annual three week review of Randgold's exploration projects in Senegal, Mali, Côte d'Ivoire and the DRC, Bristow said the company's recent discovery of the nearby Sofia deposit, which has been incorporated in the project, had significantly increased Massawa's viability, as its low-cost, high-recovery ore would enhance the overall economics.

"As things stand today, Massawa has a mineable reserve of 2.6 million ounces and the project has an internal rate of return of 18% at a gold price of $1 000 per ounce, which is a little short of our investment criteria of a 3 million ounce reserve and a 20% IRR (internal rate of return).

The detailed drilling required for the feasibility study as well as our continuing exploration of extensions to and satellites around the known orebodies should get the project across the line," he said.

"In that case, Massawa will become the sixth mine Randgold has developed and our first in Senegal. It will also be the first of the three new projects we plan to deliver over the next five years."

Bristow pointed to Massawa as a further example of Randgold's long-term planning and perseverance.
The company started exploring in Senegal in 1995, the year Randgold was established, discovered Massawa in 2004 and then spent a long time getting to grips with the geological and metallurgical complexities of the orebody and has spent $85 million to date evaluating and advancing its Senegal portfolio.

While developing Loulo, Tongon, Gounkoto and Kibali, Randgold kept the work on Massawa going as well, and the project finally moved to centre stage with the discovery of Sofia in 2016.

"We are also looking beyond Massawa with our sights set on expanding our exploration portfolio and continuing our search for additional discoveries and development opportunities in Senegal."

[gilesgraves] 29/6/2017 08:49

Im on the sidelines here. I love RRS but Im concerned about this gold price now that all these central banks have started saying there is a chance of raising rates. I bet gold has a resurgence later in the year but for now...maybe not

[bonio10000] 29/6/2017 08:32

I also assume the revival of the pound from USD 1.20 is not helping RRS.