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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 > Why no $2- $3 price?
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Comment by lscfaon Jun 21, 2020 10:28pm
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Post# 31175227

RE:Why no $2- $3 price?

RE:Why no $2- $3 price?The bozos are not true toll processors where they charge a fixed fee per tonne of processed ore. They take risk by buying the ore from the miners based on assumptions of its grade and the grade has been dropping for some time now.   

TexasJ33 wrote: Been a sharholder since 2009.  Sold a bit of my holdings when this stock went to $3 plus dollars in 2016.  Can someone please explain to me why this stock has not surpassed $2 for the longest time?  Getting very frustrated.




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