My First Dynacor Posting
I finally took the plunge, as I have followed the Dynacor blog for a while. I started buying the stock when it was .70 Cdn, and I am now a 1/10 of one % owner. I have met the management at least 3 times from the PDAC events. I get the impression that the goal all along is to develop the company to a major selling position. For one thing, there is absolutely no urge to list on a major U.S exchange, and i am not sure if they are even listed in Frankfurt. At the last PDAC, the team still seems to get along well together, and appear to be enjoying life an awful lot. I did see Lisa (they named a vein after her) not bad at all. For the stock to really take off, listing on a major u.s market would really help the stock. Not to worry. There is a real tight float on the dynacor shares, so any new player would have a big impact on the share price. Probably the big institutions are waiting for the N4301 before they take the plunge. I did speak to the ceo and he said he would have liked the drill results put together sooner, but if that's what it takes..he realizes it must be done right without rush. Not many gold companies have had so many profitable months in a row, so they must be doing something right.