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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 torontomon May 21, 2014 9:10am
183 Views
Post# 22581476

RE:e-mail from Dale

RE:e-mail from DaleProbably Dale does not know the time frame either, additional delay is normal in mining sector as I know....

The following is not specific to DNG, but rather mining company in general:

Time frame: take what they said + one full year, this may give you a more accurate estimate

And always remember mining is a big hole on the round, it sucks and many times it will turn out to be an abyss...

If you are aleady a shareholder, the shares you purchased will subject to market daily fluctuation and even market shock while you wait and hope the share price to recover. Many people and fund manager choose devidend stock, as they will get paid while waiting, which I think is a better choice.

Be aware that Warren Buffet does not have a single mining company in his portfolio, need to think about the reason.... or you think you are a smarter guy...?
Bullboard Posts