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Dynacor Group Inc T.DNG

Alternate Symbol(s):  DNGDF

Dynacor Group Inc. is a Canada-based industrial gold ore processor. The Company is engaged in gold production through the processing of ore purchased from the artisanal and small-scale mining (ASM) industry. The Company also owns the rights on several mining properties which are at the exploration stage, including its flagship exploration gold, copper, and silver prospect, the Tumipampa property (Tumipampa). Tumipampa is located approximately 500 kilometers (km) from Lima, Peru, in the Circa district, Province of Abancay, Department of Apurimac. Tumipampa's concessions cover an area of approximately 4,000 hectares and are located geographically on the eastern slopes of the Andes Mountain Range between 4,200 and 4,800 meters above sea level. The Company's produces environmentally responsible gold through its PX IMPACT gold program. Its Veta Dorada plant is gold mineral processing plant in Peru. The Company's Anta property is a copper/silver exploration prospect.


TSX:DNG - Post by User

Bullboard Posts
Comment by 2bewildon Feb 02, 2014 4:30pm
196 Views
Post# 22163884

RE:7.5%...

RE:7.5%...
Benduck, you raised valid points.Management decisions so far have favoured shareholders in the long term. If one believes in there compliance the purchasing of ore will return shortly.
While waiting for the Peruvian Ministries construction permit 300 -500 days seems like forever, but how long and how many years do Canadians wait for USA approval of Keystone Pipeline?
Government bureaucracy in action.
Bullboard Posts