Monday, November 29, 2010

In the Zone

GOLD - Randgold Resources, Ltd.

Randgold Resources Limited, together with its subsidiaries, engages in the mining and exploration of gold mines in West and Central Africa. The company primarily holds interests in the Loulo mine complex located in western Mali, bordering Senegal, adjacent to the Faleme River; and the Morila gold mine located in Mali. It also holds interests in a portfolio of exploration projects in West and Central Africa. Randgold Resources Limited was founded in 1995 and is based in St Helier, the Channel Islands.

Randgold Resources ended the week trading at $95.44 down $1.23 or -1.27% on the downside on lighter than average downside volume of 1.53 million. The average weekly trading volume for the company is 4.60 million. Please keep (GOLD) Randgold Resouces on your watchlist for a possible price move above $99.05 going forward.

This is not a buy reccomendation for Randgold Resouces please do your own due siligence or get help from a professional before investing.

By: Marlin Rolle
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