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 peegoon May 02, 2014 1:18pm

248 Views

Post# 22518451

DNG bull wedge. Wave B up?

possible bullish wedge might be near completion. there's good buying support at the low 1.60s. Watch for 1.75 to be taken out, for a break of a key resistance level and breakout of the wedge. There's also some good + divergence on the RSI. See chart:

https://www.tradingview.com/x/CFYnD898/

If the wedge works out, price might get up close to prev. highs around 2.00-2.10ish. Possibly with a decent sized decline after that. but that's too far off to say. added some dng today.

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