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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 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

Bullboard Posts
Comment by goldguy007on Oct 20, 2014 4:32pm
151 Views
Post# 23044790

RE:RE:RE:RE:RE:RE:RE:Dear Dynacor

RE:RE:RE:RE:RE:RE:RE:Dear Dynacor

I agree Capt.
There is no reason why The Peru govt wouldn't grant the permit, since it is obviously in their interest to collect more taxes.
Also, they want legitimate mining operations to replace the rogue miners.
Govt bureaucracies, seemingly everywhere, tend to operate at a snail's pace.
It is not surprising, at all, that this process is dragging out over time.
It is only a problem for shareholders who are impatient.
But hey, gold is still is still cheap and not in a big uptrend, so it's not like we are missing much with the delay.
However, it would be nice to be at full operational strength before the bull market in gold is over.
LOL.

goldguy

 

Bullboard Posts