Dynacor Group Inc T.DNG

Alternate Symbol(s): DNGDF

Metals & Mining Gold

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

Dynacor Group Inc

Bullboard Posts

Post by takingthemonon Sep 24, 2013 11:07am

211 Views

Post# 21763061

Sell signal

As of this morning DNG has given a sell signal. TMX is showing shares waiting to be sold. The bid and ask is starting to gap down.

Gold spot price is being pressured by the futures contracts It looks like a retest may be near. If so that will drag down DNG with it.

This could create a buying opportunity. For disclosure I sold may shares at a average price of $1.52

Good luck

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