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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 doeron Mar 27, 2017 6:43pm
154 Views
Post# 26037701

RE:Earned in Agrreements Could be in the Offing For Tumipampa

RE:Earned in Agrreements Could be in the Offing For TumipampaThis is a partial repost of something I wrote in November. Sounds like there is interest in either a sale or JV at Tumi. Something is about to happen!

"These are just theory and I have no facts to back them up! One: what if management is aware of the approximate number of ounzes that they have sitting in the ground at Tumi?  What if those numbers are significant? What if there are a couple of majors very interested, if the numbers are right. What if they have indicated that they would be making an acceptable offer once the NL43-101 is published in March? What if management was to be willing to sell the existing claims to a successful bidder? Two: Would it not have been a great idea to secure more land in the area prior to selling off Tumi for big dollars and having to pay a premium later because of the added interest in the area. Also, who is to say that the new claims will not be as good as Tumi or even better. Time will tell. If Tumi is bought out, there would be a huge dividend in it for all shareholders." 
Read more at https://www.stockhouse.com/companies/bullboard/t.dng/dynacor-gold-mines-inc?postid=25465813#0FwAtc1ZGbZHFs01.99
Bullboard Posts

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