Randgold Resources Share Discussion Threads

[christh] 05/11/2018 15:05

Tom,
are we likely to see £65 today?

It's very strong today, so what do you think?

[fangorn2] 05/11/2018 09:59

Not surprised given theyre getting Randgold on the cheap..

[christh] 02/11/2018 15:26

just buy for the recovery.
"Buy when others fear and reap the profits"...was it Buffett or Graham

[utyinv] 02/11/2018 15:18

Yanks spoiling the recovery!

[utyinv] 02/11/2018 14:01

Isn’t the vote taking place Mon? Do we think the price will fall to correlate with Barrick’s if the vote is passed, as most likely it will be?

[christh] 02/11/2018 13:34

Thanks Tom.

Still have about 3 hours of trading, maybe the US will liven the price.

Nice weekend!

[redtom1] 02/11/2018 12:38

Sorry, Chris, only reached £64.64. Just failed to hit your mark. Maybe next week.

[redtom1] 02/11/2018 06:45

Chris, watch for your £65 today. It will hit.

[foxy22] 01/11/2018 14:50

To mars!!!

[redtom1] 01/11/2018 14:34

We have lift-off again. Price of Gold has shot up today...

[fangorn2] 31/10/2018 16:27

Barrick getting this on the cheap.

As I suspect events next year will illustrate.

"Rickards: China's Debt Bomb Is Ready To Explode"

[sugarrush100] 31/10/2018 14:41

Hi when is the ex divi date for us to qualify for this dividend payment ? Thank you

[redtom1] 31/10/2018 11:38

Chris, that's an interesting development. Good news for us by my calculations. Takes the premium up a bit over the Barrick share price exchange as the Barrick dividend has not risen by same amount meaning the extra dividend more that outweighs a decrease in the Barrick share price when it goes ex-div.

[christh] 31/10/2018 10:55

Wed 31/10/2018 08:32

Randgold Resources said it and Barrick Gold had agreed to increase the amount of dividends that investors would get from their proposed merger.
Randgold shareholders would now be entitled to receive a Randgold dividend for the 2018 financial year of $2.69 per Randgold share, up from the previously-planned payout of $2.00 per share.

[redtom1] 31/10/2018 08:59

Pleased to say that the share price has settled around Tuesday's close. All eyes will be on Barrick's opening at 1:30pm....

[redtom1] 31/10/2018 06:59

Oh dear, I suspect that RRS will fall again today given that gold fell overnight and markets have stabilised. Hope I'm wrong (and perhaps Barrick will rise with the general trend rather than against it) but like I said yesterday, I think Barrick will retrace a bit before resuming upwards.

[fangorn2] 30/10/2018 12:31

Greyerz: China Just Took Delivery Of A Massive Amount Of Gold From London & New York



And when the paper market breaks, and China dominates the gold market, it’s going to be very interesting because I really look forward to the West failing in their manipulation of the gold price through the various paper markets and through the interbank market."

We again see that Switzerland is buying the 400 ounce bars from the UK and US bullion banks and converting them into 1 kilo bars and then shipping them on to Asia. Last month there was hardly any buying from the mines. It all came out of London and New York.

[redtom1] 30/10/2018 11:20

Gold has dropped to $1220. What turmoil?
As I said previously I would not be surprised if Barrick softened a bit after a fabulous run which lifted its share price about 25% in a month. If Gold stays at current levels I would not be surprised if Barrick drifted to around $12 - $12.5 which would push RRS down to £58.50 to £61 range.

[fangorn2] 30/10/2018 10:14

"US is in turmoil of mid term elections and that will cause an instability to the US$"

Huh? What?
Little turmoil from what I can see.Democrats odds on to retake senate but hardly call it turmoil.

[christh] 30/10/2018 07:57

In my opinion it should fire up today to £65 as US is in turmoil of mid term elections and that will cause an instability to the US$.

[redtom1] 29/10/2018 20:04

Barrick closed at $12.67 meaning RRS should open around £61.85 tomorrow, subject to movement on price of gold overnight. Not a good afternoon on Wall Street.

[christh] 29/10/2018 11:29

it might give a boost to the market, as spending will stimulate the economy

I bought a few today , I do expect it to rise to £64

[kiwi2007] 29/10/2018 09:18

No austerity for the haves in the UK but plenty for the have-nots.
The UK is such a terribly divided nation.

On the plus side though this share saved my portfolio (to some extent anyway) however I did buy RRS a few weeks ago for the potential dividend increases and payout which will presumably no longer happen. So sold 75% last week.