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Randgold Resources (GOLD) [hlAlert]

Rating:
Buy GOLD
up 30.94 %

Randgold Resources (GOLD) rated Buy

Posted on: Monday,  Jan 14, 2008  11:54 AM ET by The street 10 Gold Stocks for 2008

The street 10 Gold Stocks for 2008 rated Buy Randgold Resources (NASDAQ: GOLD) on 01/14/2008, when the stock price was
$46.38. Since then, Randgold Resources has gained 30.94% as of 11/06/2015's recent price of $60.73.
If you would have followed this The street 10 Gold Stocks for 2008's recommendation on GOLD, you would have gained 30.94% of your investment in 2853 days.

Randgold Resources is an international gold mining and exploration business. It has to date discovered the 7 Moz Morila deposit in southern Mali, the plus 5 Moz Yalea deposit in western Mali and the 3 Moz Tongon deposit in the C?te d?Ivoire. The Company successfully developed the Morila deposit into one of the world?s largest and highest-margin gold mines. In addition, Randgold Resources has a portfolio of prospective exploration projects across Africa in Mali, C?te d?Ivoire, Senegal, Burkina Faso, Ghana and Tanzania.

Gold is not just an anti-U.S. dollar story and could rally against all currencies regardless of what the U.S. Dollar Index does this year, much like it did in 2005. Iamgold (symbol IMG on the Toronto exchange) is also recommended in the list.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2008 4:00 AM Buy
1 year
46.38
as of 12/24/2008
1 Week up  20.75 %
1 Month down  -4.12 %
3 Months up  16.73 %
1 YTD up  14.34 %

(*) Stock Price at the time of the recommendation.
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