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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 Dreimer200on Jan 29, 2014 10:55am
196 Views
Post# 22147290

RE:DNG: ILLEGAL ORE PURCHASES

RE:DNG: ILLEGAL ORE PURCHASES
Since Dynacor does not mine ore, but simply processes ore mined by others, of what relevance is the ownership – or lack thereof – of mining rights?
 
Nationalization of industries is not generally contemplated in jurisdictions wishing to attract foreign investment.
 
One is hesitant to impugn the motives of others – but such extreme negativity does invite a certain element of suspicion.
 
Bullboard Posts