Dynacor Group Inc T.DNG

Alternate Symbol(s): DNGDF

Metals & Mining Gold

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

Dynacor Group Inc

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Comment by Dreimer200on Aug 23, 2016 11:18am

142 Views

Post# 25167684

RE:RE:RE:RE:RE:DNG....the Middleman........ not the exemplary prospector

You are right about Tumipampa. I suspect that the recent share price increase is based – not on anticipation of the final permit for the mill – but on some sort of educated guess about value of gold in the ground.

This is where the low share float transforms the ordinary into the extraordinary.

It’s not hard to imagine a million ounces of gold in the ground translating into six or seven dollars on the stock price.

That is, of course, in addition to the value of the milling business.

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