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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 Mar 10, 2016 1:24pm
191 Views
Post# 24644301

RE:Some Days

RE:Some DaysMaurizion - I know that you like many others have been with this stock for a long time and I'm quite certain that is because you do see the potential here. I also feel your frustration to watch some of the others stocks which have enjoyed some major gains. Something to consider with many of these other stocks is where they are coming from. EDV for example has seen well over 100% gain in the last short time. What I keep in mind is that this stock fell (adjusted) from $30 to roughly $5 so while the recent gains look terrific they are still way behind if you were a long time holder (like me). This same scenario applies to many of the present movers in this class. Dynacor has weathered the whole breakdown in gold in comparatively very good condition and even if gold does turn south again I feel they will continue to be well positioned. If you look at the long term chart of DNG there is a continuous upward trend over the last troubling times for gold.
Personally, though this is a tiny company, I feel this is one of the safest stocks I own and unless something terrible were to occur I see me holding this for years to come. Though it certainly does test your patience :)
GLTA
Bullboard Posts