Randgold Resources Share Discussion Threads

[philanderer] 05/10/2018 21:06

Gold closing over $1200 again ......... RRS US close 5435p

[philanderer] 05/10/2018 13:43

Gold Prices Inch Down as Dollar Strengthens on Positive Private Payroll Data

[philanderer] 05/10/2018 09:50

Quick glance and it looks like the London listing will be cancelled 31st december.

[philanderer] 04/10/2018 19:53

$1200 gone again :-S


WASHINGTON (Alliance News) - Gold prices edged lower for a second straight session on Thursday, as US treasury yields rose to the highest levels in about seven years, after the latest batch of economic data increased the likelihood of the Federal Reserve resorting to more aggressive monetary tightening.

It is widely expected that the Fed would hike interest rate by 25 basis points in December this year, and announce three more increases in 2019.

[philanderer] 04/10/2018 13:39

Big hopes for giant gold mining merger

The proposed amalgamation of Barrick and Randgold will bring together five of the world’s top 10 ‘tier one’ gold assets

[philanderer] 03/10/2018 18:18

Gold just will not hold that $1200 :-S

[philanderer] 03/10/2018 14:06

tom , all depends on the price of gold and the Barrick share price. I'd like to think that 6000p could be reached before the end of Q1 2019 when the merger compltes.

[action] 03/10/2018 12:23

Is the rise due to shorter closing shorts before merger?

[redtom1] 03/10/2018 10:46

Phil, where do you see it going from here?
To some extent, should we only be looking at the Barrick share price as that will be the only drive from now on?
I get a good vibe that gold stocks are on the up, including Barrick. I could see another 10%+ to C$16-17 over next month or so. This would push RRS into low 60s which would be nice.

[philanderer] 02/10/2018 21:01

Strong finish stateside.. 5595p

[fangorn2] 02/10/2018 20:21

Assuming the global bond bubble burst soon ( and it is surely overdue) will it be $$$ or Gold that benefits??? Or both even?

Serious emerging market turmoil coming I believe - in first instance.
Full blown debt bubble burst the finale - the fat lady still gargling

[philanderer] 02/10/2018 17:10

And the best close since the merger announcement @ 5522p 👍

[philanderer] 02/10/2018 15:44

Back up through $1200 yet again ;-)

[philanderer] 02/10/2018 12:07

Agree Fang :-S

[fangorn2] 02/10/2018 10:18

@Phil

Nice find

Barrick knows a "Steal" when they see one...and they're getting Randgold on the cheap.

[philanderer] 02/10/2018 10:06

Barrick Executive Chairman Increases Shareholding in Company to Five Million Shares

TORONTO, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) ("Barrick" or the "Company") today announced that Executive Chairman John L. Thornton has purchased 2,271,029 additional common shares in the Company at an average price of $11.11 per share, nearly doubling his total shareholding in Barrick to 5,000,000 shares.

[philanderer] 01/10/2018 23:22

5390p US close.

[philanderer] 01/10/2018 20:37

WASHINGTON (Alliance News) - Gold prices edged lower on Monday, as the US dollar moved up against major currencies, with traders betting on hopes the Federal Reserve will tighten its monetary policy over the coming months.

Last week, the Fed raised the interest rate by 25 basis points and signaled another hike in December this year and three more increases in 2019, if the economy continues to register strong growth.

[christh] 01/10/2018 08:42

Back up to £54.50-£54.85 in my opinion today.

[christh] 01/10/2018 08:37

II or TDWaterhouse allow RRS/Barrick shares in your ISA.
Because it is Canadian stock it is allowed.
Verified

Dear xxxxx

Thank you for your secure message dated 24th of September.
Assuming that the stock will be on the main Toronto stock exchange, there
is no reason why you will be be able to hold it in an ISA.
However, we will only be able to confirm this when we issue you with the
official corporate action notice from the registrar.

[redtom1] 01/10/2018 08:26

Can someone explain the disparity of the RRS share price and Barrick?
So Barrick is currently CAD14.33.
Based on the deal of 6.128 Barrick for one RRS and based on the current £:CAD, this equated to £52.49.
The current RRS share price is about £53.70?
Is this difference primarily explained by the right to the dividend?

[philanderer] 30/9/2018 20:32

'Gold is a bargain'