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A large fund manager has per the Interactive Investor web reversed its view re-shorting this stock and has covered its position hence the bubble? Let us see if their previous short which may have been running at a loss turns to recover by a longer term investment growth strategy?. I could also see that Blackrock has increased it position slightly too over the past couple of weeks, but I cannot see that the M&G have increased its percentage stake yet but it will most probably do so if until further news is filtered to them otherwise their share will proportionately reduce of the whole.

Enough said!

It appears broker ratings are up per Morning Star/LSE latest news and so they feel on mining performance alone (like some others) have observed on this site too. I suppose the Kenyan elections have now been had too which will help if the Govt still want to expand to mining from exploration with their partner "Acacia" which is why I have been posting strong buy for some time. I feel this will keep running now with a real boost should the discussions bring a result to both the Country and ACA. and it looks as if support is being raised by Fund Managers too.

Just wondering if the falls today (rather than the fools Opium) are due to the Kenyan Elections? I have not seen any other news on the discussions and the Gold price seems to be holding up?

At this price buy some more. I have a holding and will buy again, and once the discussions come through or when ACA announce moves into the other two Countries they are exploring this price will be laughable. As we have said before you want to make the priced fall but I can only see upside in the long run. M&G and Blackrock are not idiots Opium. In the M&G case they are part of Prudential Group one of the largest pension fund providers in the World. Just be patient.

All ways point to the up cycle. It can take as long as it likes I will stay in. Why would any one want to help the shorts when the price is up nearly 5% today alone and we hear Acacia are now talking to the Kenyans about future work for a large recent find. Houston we have lift off!

Peltata I agree he looks top class to me. Also looking at the late trades after close I wonder if anyone has wind of something in the offing as there have been quite a few buys?

see link :- both sides feel a solution can be found prelim.talks were held all last week. Lots of interesting things to discuss. http://www.thecitizen.co.tz/News/Iraq-War-veteran-leads-Barrick-team-as-talks-with-govt-/1840340-4040436-brbqt8/index.html

I could not agree more he will not be intimidated by the negotiations at all and he will no doubt have some extra support if required I am sure. Aca is after all a LSE Comp. I think the market is also starting to feel the same with a return in price just starting to gain momentum. I would't at all be surprised if the Fund Managers announce a further increase in their holdings very soon. If I were a shorter I would be more worried now.

Still going on the talks, but whereas our SAS man identity is now known the Tanzanian Committee are not. I suppose the Tanzanians are protecting their identities to protect the innocent. See link :- http://www.thecitizen.co.tz/News/1840340-4041610-4wc1lnz/index.html

see link :- http://tools.morningstar.co.uk/uk/stockreport/default.aspx?SecurityToken=0P0000TN5J]3]0]E0WWE$$ALL

No sudden falls now for some time, its is not the time yet for Mr Bond, although my Clydesdale and Yorks took off. I have a feeling no news for the talks is good news. No more arrests either. I am getting reading for take off! See you all soon when the summer has ended and the shorts are back in their drawers!.

Keep calm chaps, See link :- http://www.thecitizen.co.tz/News/Govt-starts-negotiations-with-Barrick-over-tax-dispute/1840340-4039602-13gwmx0z/index.html

They will want it to work, they will also want to show other Companies, Countries that they are worth investing in. lets see what happens in a few days, give it time. I have the time. I like this share. It is certainly creating a lot of interest from some who appear to want the price to go down (the shorters or those hoping to get in at a cheaper price) and some like me who hope it will go back up very soon and very quick. Lets just sit back and watch I can wait and have a feeling I won't be waiting long. Good luck whatever your choice. . .

I cannot see this Company going under, it has Holding Company Barrick, who in turn have support from the Canadian govt. and also support from two of the largest fund managers in the World. I spoke with one of those openly recently and they will see this as just a blip. I will only make a loss if I sell any shares, I sold too early on Thomas Cook and regret to today, as with more time I would have made over £600,000! I bought this share at half its top value and then topped up again recently I can now wait a long time as I hold a spread of other Comps too. I would never go short on this one and if I had would have bought back in by now. Barrick are very experienced with Polical probs in foreign Countries and will know how to sort this prob.out to suit both sides. I am sure they may even com up with a smelter for the region which might help the other Countries in the area where they have interests too? .

Opium - helps the argument if Blackrock were shorting but not now are buying, perhaps as the price has now fallen so much it is becoming a little bit more risky to do so. I take the point Captain Cook re. Raised Gold prices if demand is maintained and supply is reduced. I understand Russia and China have a large share in the safe, also the Japanese have been buying as they have a negative rate for their Bank accounts so no point in saving there then. Sooner of later I suppose someone is going to shoot down a Missile in the far East which could help the price too?

The longer term fund Managers look at this current situation as just a blip, If you see that Blackrock has just edged up a slightly higher stake, and they are one of the main shareholders, then look and see that the Merc and Gen /p/o Prudential also have a 5% stake which they are likely to increase, then asked if their Fund Managers are worried the answer is this is just a blip. The fact Prudential are at the party too tells me this is a good share, as I have said before they are not idiots! To them this small beer-I will look again in passing at the price mid week next week just to see how things are going but if people are that worried about this stock then they cannot afford to lose their money and should not even be on the Stock market in my opinion to be honest. Risk is important for a Global balanced account. or for Pension Growth, especially for me who has retired 15 years early..

Understand he did come over to introduce himself as he was the guest of the Canadian Ambassador who was over on a visit no doubt with the team who are helping the Tanzanian investment and development trust. It was agreed to start negotiations at a later date (which appear to have started today). When I read the reports in the Citizen and in the other local African papers the Tanzanian president was very impressed that such a high profile figure from the Holding Company had made an effort and. Acacia have also reported previously that they feel diplomatically this was also worthwhile due to the relationship the Canadians have. I therefore agree and hope this should get sorted politically very quickly as the Barrick Chairman has now made a return visit. Sometimes in business respect has to be earned first before the start of sensitive business talks. Foreign Countries work differently to the UK in that we want to do everything in the same day, This is not how other Countries work! .

Enough said. Maybe I can buy a deck chair tomorrow and some land next week!

Chaps you really need to read the historical posting, press releases, and govt, relationships and agreement for international dev. Price now moving up I hope it now keeps going, but at least other longer term investors may have seen the light? The stock market always works on anticipation. -cheers for now. up over 6%.