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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
Post by Jdaddyon Feb 28, 2012 6:15pm
281 Views
Post# 19601150

Going to tough

Going to tough

Contstant strong performance, high spot price and little movement. Unfortunately the best part about this company is also it's greatest weakness and that's the low share count. almost 70% is insider owned so the majority of us believers are hanging on, but the traders keep swapping amongst one another in low volume trades. .70 to .80 cents... Buy at .70, sell on the way up and then do it all over again. The only way we break out is with unbelievable Tumi news or a buy out. Sadly a buyout at these levels even with a 30% premium just squeaks over a dollar. I know the formula for suggeting it's worth upwards of $3, but I just can't see it based on the way takeovers are being done right now.  Believe me, I want it to, but the same posters have been saying the same things for years now - "break out is coming", "get ready for the ride"...  DNG is doing everything right, but not getting the love. It's manipulated like so may juniors.  Hate to be a naysayer because as I've said before I'm in heavy at losing my shirt, but with all the positives, nothing moves the SP to legite levels so I can't see how it moves other than as I've mentioned before. 

JMHO

Bullboard Posts