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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 Jdaddyon Nov 24, 2011 12:42pm
124 Views
Post# 19264596

RE: RE: RE: RE: RE: DNG undervalued

RE: RE: RE: RE: RE: DNG undervaluedFirst off, let me say that I really appreciate all the intellect and value that gets posted on the board. It would seem that many of you are very experienced and have excellent knowledge. Please keep the info coming! While I agree with everything being said, in Maktub's defense, this stock did have hype (when Jay Taylor mattered) and has since tailed off dramatically (so I guess you're right JD121).  I"m sure Maktub is probably the same as me and several other investors who thought it was a deal at $1.55, $1.30, $1.15 etc.  I believe if I looked back far enough, many of you were suggesting those were great prices to accumulate at too. Let's not forget, gold prices weren't anywhere near where they are today when this stock was near two bills which doesn't sit well either. What's of most concern to me is that all the news coming out of the Dynacor camp has been positive, yet the share price is going the wrong way which is why you have to somewhat agree with Maktub's comments - look,  these guys have been around for 15 years. Appreciating the fact that marketing dollars aren't just lying around, do you really feel that in all that time enough effort has been made to promote this stock outside of JT??? Looks to me as though the same shareholders are trading between one another because no one else knows jack pot squat about DNG. That and unfortunately everything to do with 99% of the juniors out there is a moot point right now anyway. With all the uncertainty in the world, it's doesn't matter if a small junior such as DNG is meeting or even slightly exceeding expectation - perception is reality and the market is scared.  Personally, I think the only thing that would see this stock pop back up is incredible Tumi results or Gold prices get over and stay over 2000/oz. Other than that, we are all going to be waiting a long time for market fear to get replaced with optimism.  Regardless, I'm still long because the numbers have to prove themselves sooner or later. I'd just like to see more done to get DNG on the map.
Bullboard Posts