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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 CaptObviouson Oct 20, 2014 1:40pm
198 Views
Post# 23044020

RE:RE:RE:RE:RE:RE:Dear Dynacor

RE:RE:RE:RE:RE:RE:Dear Dynacor

"Someone is trying to stick it to Dyancor and the permit will not appear until they straighten it out."

Certainly can't say that's not true, but it seems a touch alarmist/conspiratorial. Government red tape isn't a new thing; I would imagine management is as frustrated as any of us. It would be silly to relate to us every little angry phone call that took place, it would probably do more harm than good. The risk associated with the Peruvian government seems like it's already built into the share price to a degree, so that's a nice buying opportunity if you do believe the permit will materialize at some point.

Bullboard Posts