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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

Post by profitprophet1on Mar 08, 2022 11:54am
172 Views
Post# 34495617

price action??

price action??A little strange that gold is up to $2063 and Dynacor is down. They've been stockpiling a lot of gold to ensure that they can keep the mills running at full production and not only that there'll be no shortage of ASMs bringing gold to the mill and a fixed % spread on a higher number will be bigger in absolute terms. Won't be the first time the market has puzzled me and won't be the last.

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