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.

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Dynacor Group Inc > Bullish call on Gold for 2023

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Comment by Torontojayon Jan 19, 2023 2:12pm

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Post# 35233821

RE:RE:Bullish call on Gold for 2023

stockfy wrote:
Torontojay wrote:
Next years story will be the resurgence of Gold. I expect Central banks all over the world will rally against the $US as they play catch up in 2023. Real interest rates, nominal minus inflation, will fall and with that you will see a drop in US #39;s. The recession will change peoples risk tolerance as money will begin to flow into gold when nobody wants to own the greenback, crypto or stocks anymore.

Be patient and play it smart.

Gold will move sideways in 2023. If we see a breakout, it will be short-lived.

Here is my take.

The collapse in crypto. The fall in the $US and the drop in short term rates will usher in a new era for gold.

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