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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
Post by theSwede99on Oct 29, 2019 1:27pm
277 Views
Post# 30282351

Jurisdictional issues

Jurisdictional issuesIt would seem the risk appetite across the board for business operations outside of say NA has completely waned.  Enter civil unrest in Chile, Venezualian saga, Lebanese president unseated by protests, Turkey's squabbles on the Syrian front, Mongolia and Botswana et al on the "grey list" etc. etc. etc.  The decline or stagnation in recent share price of correlated public entities in these countries specifically or indirectly is evidence to me of such sentiment. 

Perhaps from a macro standpoint currently, there is some concern of "leakage' into neighbouring provinces and countries in South America and therefore DNG sp has languished.
Bullboard Posts