Post by
R_J_ on Dec 30, 2016 10:38pm
NMI - End of Month [ and Year ] - December 2016
NMI - End of the Month (EOM) report for December - End of Year 2016 - NMI
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KL.TO Closed on 12/31/2016 at C$7.02
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“Newmarket was then renamed “Kirkland Lake Gold Ltd.” and completed a consolidation of its shares on the basis of 0.475 post-consolidation shares for each one pre-consolidation share. KL”
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Therefore 0.475 the KL.TO price of C$7.02 is an MNI.TO price of C$3.33
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NMI.TO closed on 12/30/2016 at C$3.33
NMI.TO closed on 11/30/2016 at C$3.57
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NMI.TO closed on 09/30/2016 at C$4.71 [ EOM closing high ]
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This is a 6.7%, a $O.24, loss for December.
This is a 29.2%, a $1.38, loss for October, November, December altogether.
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Indexes
Junior Gold Miners EFT [GDXJ], at US$31.55, lost 8.0% for December. [15.8% below its MA(200)]
Gold, at US$1096.10, lost 1.9%, or $21.40, in December. [9.5% below its MA(200) @ $1211.4]
S&P 500 Index, at 2,238.8, gained 1.8% in December. [4.7% above its MA(200) @ 2136.3]
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Two Hundred Day Moving Average [MA(200)] stuff.
NMI.TO’s MA(200) ended November at $3.52.
NMI.TO is 5.3% below its November MA(200).
[ A 5% off bargain price - First bargain price in a long time. ]
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End of the Year Report for 2016
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NMI.TO closed on 12/30/2016 at C$3.33
NMI.TO closed on 12/31/2015 at C$1.35
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This is a 146.6%, a $1.98, gain for the year.
Wow! A double and a half.
No Complaints
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RJ [NMI.TO, we are so proud of you. We hope our future as KL.TO is nearly as much fun.]
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Three relevant market benchmarks for the year of 2016.
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The S&P 500 Index [SPX] for year of 2016
On December 31, 2016, the SPX closed at 2,238.8
On December 31, 2015, the SPX closed at 2,043.9
This is a 9.5% lgain for the year of 2016.
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Gold
Gold closed on 12/31/2016 at US$1096.10
Gold closed on 12/31/2015 at US $1014.60
Gold gained 8.0%, or US$81.50 per troy ounce, over the last year.
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Junior Gold Miners EFT [GDXJ]
GDXJ closed on 12/31/2016 at US$31.55
GDXJ closed on 12/31/2015 at US$19.21
GDXJ gained 64.2%, or US$12.43, over the last year.
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RJ