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Dynacor Group Inc T.DNG

Alternate Symbol(s):  DNGDF

Metals & Mining Gold
Dynacor Group Inc. is a Canada-based industrial gold ore processor. The Company is engaged in gold production by processing ore purchased from the artisanal and small-scale mining (ASM) industry. The Company, including its subsidiary, produces gold and silver from ore purchased from local Peruvian miners, which is processed at its wholly owned processing plant in Chala, Peru. Its Anta property is a silver/gold/copper exploration project that is located in the heart of a regionally important epithermal gold-silver belt and host hydrothermal deposits in Peru, including the Orcopampa, Ares, Shila-Paula, Calloma, Arcata and Antapite mines. Its Tumipampa property is located approximately 60 kilometers' south of the city of Abancay in the Tumipampa region and about 500 km southeast of Lima. The Company also holds interests in mineral properties in Peru that are in the exploration stage. The Company produces gold through its PX IMPACT gold program.


TSX:DNG - Post by User

Dynacor Group Inc
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Comment by Goldwoodon Jun 20, 2012 2:42pm
239 Views
Post# 20035832

RE: RE: DNG - Fundementals Will Prevail

RE: RE: DNG - Fundementals Will Prevail

The company had forecasted recieving the environmental and construction permits for the new mill by the end of Q2/12. We're 10 days away from the end of quarter and haven't heard anything.

Has Raymond James? Hard to say. I'm generally inclined to give companies the benefit of the doubt when it comes to "leaks", so why they've been dumping so many shares is absolutely beyond me.

Very tempting price at 0.40 or less though.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities