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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 clear2012on Mar 06, 2013 12:44pm
200 Views
Post# 21087999

RE: last minute of play

RE: last minute of play

I was watching the trading yesterday at the close, as well. From what I can tell (and this is a guess), someone is using the small float to pick up additional shares at lower prices by hitting bids and downticking. IR needs fuel to keep the market interested, but management has stated (even in its news about Chala) that it is expecting to issue news shortly. This is a wait and see market, and some investors may be concerned that news will not be good. ie poor drill results, or a failure to receive construction permits or that gold is no longer a precious metal. :) In the end, these daily fluctuations don't matter, but I even have to remind myself to not be concerned about operations and company as a whole and step back when I see the little market games going on. I am sure we'll have positive news in the next while. GLTA and very long DNG

Bullboard Posts

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