As Randgold Considers A Sale Of Its Massawa Assets, Here's Why I'm Staying Long
- Randgold Resources could sell its Massawa Project in Senegal, if the price is right.
- New projects must have at least 3 million ounces of gold reserves at an assumed price of $1,000/oz. and internal rate of return of at least 20%.
- Recent trend behavior signals a mid-to-long-term buying mode.