Randgold Resources Share Discussion Threads

[chinese investor] 24/9/2018 06:17

bocase - when I did the numbers I changed my post to "OK !" !

[demo trader] 24/9/2018 06:16

Seems like nil-premium merger

[bocase] 24/9/2018 06:15

"Nice"

Is it?

There is no premium.

[chinese investor] 24/9/2018 06:11

6.1280 * $10.47 * 0.76 = £4.88 !

[foxy22] 23/9/2018 22:45

U hit the nail on the head

[foxy22] 23/9/2018 22:44

Ft now carrying article

[foxy22] 23/9/2018 19:31

I think it is a takeover hopefully at a strong premium of rrs

[foxy22] 23/9/2018 18:45

Article on bloomberg saying merger to be announced late tonight or monday amWhat effect on share price tom.Surely a strong rise

[redtom1] 23/9/2018 12:42

umm.... a single source with no support. I think it is highly unlikely to be true. Unless it is a takeover of RRS (with a decent premium) by Barrick, I hope it does not happen. I struggle to see much share price enhancement in a genuine merger.

[colinzeal] 22/9/2018 22:41

Unconfirmed rumours on Twitter of a merger between RRS and Barrick Gold.

[philanderer] 21/9/2018 20:00

Just about holding 4890p at the close stateside

[philanderer] 21/9/2018 16:32

Much better. +250p for the week. 👍🏼

[countless] 21/9/2018 10:08

Good luck with your half sovereign The Drewster!

[the drewster] 21/9/2018 09:48

have just under £200/- in gold, no deal brexit could see massive uplift.

[redtom1] 21/9/2018 09:27

Chinese Investor, I hope your £50 target is met soon? When you say soon, when do you mean? As it is easy to say that something will hit a target 'soon'. To some this is a few days/weeks but to others this could be months?
Give us a rough date.

[redtom1] 21/9/2018 09:21

RRS's management is very good at 'managing' expectations. They recently said that they would meet the low end of expectations which means 1.3m ounces. I've no doubt they will subject to unforeseen disruption.
Gold struggling to break out of 1200 to 1210 range. Once it does (to the upside) a lot of the shorts will start to close whcih should give Gold a short term but steep rise. That's my understanding anyhow!
Nice to see that the share price has picked up from recent lows in 46s & 47s.

[countless] 21/9/2018 08:54

RRS remains the preferred precious-metals pick for Barclays analysts, who say that issues earlier in 2018 have been offset by outperformance at its Kibali mine in the Congo. The bank says that Randgold's production should hit 1.3 million ounces of gold--the bottom end of its guidance for the year--following success at Kibali, despite disruption in the Congo over mining-code reform and in the Ivory Coast, where operations were hit by strikes. However, with first-half production of 600,000 ounces, a strong second half will be needed, Barclays says.

[chinese investor] 21/9/2018 07:45

Very Soon !

[redtom1] 20/9/2018 12:28

Looking a bit more positive today with Gold pushing north of 1205

[chinese investor] 20/9/2018 11:04

For The Record !

Chinese Investor (RRS) 12 Sep '18 - 09:46
£50 Soon !