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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 goldguy007on Jul 22, 2014 11:17am
140 Views
Post# 22769593

RE:future

RE:future

Hey bigben

Regarding predictions regarding future prices of gold, it is a foolish effort.

The future is unknown and gold will go wherever it goes depending on whether the forces of inflation win out or the forces of deflation win.

If inflation, gold is a winner.

If deflation, gold could move lower, but may increase in purchasing power, even if the nominal price is lower.

The jury is still out regarding that.

Those who make predictions have an agenda to serve.

I think that it is far wiser to have strategies available to react to either inflation or deflation.

In the meantime, I still like DNG and the SP has been doing fairly well.

Getting the new mill built will obviously be a big boost.

Good luck!

goldguy


Bullboard Posts