End of the Month (EOM) report for August 2016.
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DNA.TO closed on 08/31/2016 at C$1.35
DNA.TO closed on 07/29/2016 at C$1.16
DNA.TO closed on 06/30/2016 at C$O.98
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This is a 16.3%, an 19-cent, gain for August.
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Year to date [on12/31/2015 at $O.79 ], up 56-cents, up 70.8%.
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Indexes
Junior Gold Miners EFT [GDXJ], at US$41.76, lost 16.5% for August. [30.0% above its MA(200)]
Gold, at US$1247.80, lost 3.2%, or $42.00 in August. [6.7% above its MA(200) @ $1169.20]
S&P 500 Index, at 2170.9, lost 0.1% in August. [5.6% above its MA(200) @ 2054.3]
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Two Hundred Day Moving Average [MA(200)] stuff.
DNA.TO’s MA(200) ended August at $O.96
DNA.TO is 40.6% above its MA(200).
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News Releases in August.
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August 31, 2016
Dalradian Announces Positive Grade Reconciliation Study
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https://s1.q4cdn.com/162468244/files/doc_news/2016/aug/DNA_PR-Aug-2016-reconciliation-final.pdf -
Louis James Comments
Quote:
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Some may question the reliability of this internal study, but given the details reported, it looks very, very good.
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Questions about the existing SRK resource estimate are part of what’s held this stock down.
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This work suggests that there could actually be more gold in the ground and at a higher average grade.
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We’ll have a much better handle on that when we see the results of the test mining going on now, but today’s press release gives us even more reason to be optimistic that the bulk sample will not disappoint. -
End Quote.
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August 10, 2016
Dalradian Reports Q2 2016 Results
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RJ