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

Comment by onepunishaon Jan 29, 2014 10:23am

143 Views

Post# 22147051

RE:DNG: ILLEGAL ORE PURCHASES

DNG does not do business with illegal miners. It only purchases from gov't-registered miners, and the only reason mgt chose to halt purchases is to make sure the company meets the new requirements.

The Peruvian gov't has no plans to take over ore processing. It's not a communist gov't and does not take over entire industries.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload