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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 Oct 05, 2012 2:13pm
290 Views
Post# 20453849

RE: Not Sure

RE: Not Sure

Probably because they bought in at .45 cents and are doubling their money a few months later (pretty good scenario considering the uncertainty of the mkts). I'm not surprised at all to see us stuck at this range - I bet were hear for a while unless spot price drops. Gotta be honest, there was less going on a few years ago when the stock was twice as much and gold was lower - I think it was just riding the Jay Taylor wave back then... Now, I'm not sure what pops it back up over $1.50 other than some incredible Tumi news.

Here's to hoping for the longs...

Bullboard Posts