RE:DynaResource Retracts Lawsuit Filed Against Goldgroup
This may be the beginning of the legal problems between Goldgroup and DynaResource to come to an end regarding the San Jose de Gracia high grade mine. If this happens, the stock should surpass $.50. If they announce plans to put the mine in production and receive financing, OMG, I don't want to even think what would happen to the price.
Even at that $.50 we would be getting the 100% owned and most valuable mine Caballo Blanco for free. That's essentially a free option on a mine that is worth more than the 3 other mines combined (for GGAZF) if they get the permit. That part I have no idea about, but I would think that the probability of getting that permit is greater than zero!!!
Considering that the price of GGAZF used to be over $1.50 (and that was even before they acquired Cerro Prieto and put it in production), we're just at the beginning of a wonderful ride!