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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 doeron Sep 11, 2012 2:48am
236 Views
Post# 20345638

RE: RE: RE: RE: And

RE: RE: RE: RE: And

Goldboyz, Go to their web site and it wil explain everything. They process gold from local miners. They purchase the ore, and process it charging a $200 -300/oz fee. That income finances the exploration of their own properties. With the new Peruvian Government legislation just instituted this year, their business of ore processing could grow expidentially. Small miners that process their own ore will be shut down if they don't follow new government regulations. Therefore if they can't meet the new standard they will have to go to regulated ore processers like Dynacor to process their gold. Dynacor's processing business could tripple in the next year, and the fact that they are currently on the verge of drilling their own 100% owned Tumipampa property makes them a prime investment opportunity.

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