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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 stinkytoeson Apr 13, 2014 1:24pm
277 Views
Post# 22445318

RE:RE:Tumipampa project...

RE:RE:Tumipampa project...The rainy season is nearing the end and they will shortly resume exploratory drilling. They are doubling the exploration budget this year to roughly 4.5 million. How many companies with 38 million shares can fund this kind of exploration in house. I certainly wish them continued success as they continue to define this resource. With the results achieved thus far it could certainly become a game changer for the company and shareholders :)
If there are technical anaylists out there I would be interested in your opinion - it looks like a classic pennant pattern forming I believe this often can lead to a significant breakout - one way or the other. 
Bullboard Posts