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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 theSwede99on Jun 21, 2020 10:16pm
169 Views
Post# 31175207

RE:Why no $2- $3 price?

RE:Why no $2- $3 price?One could speculate this had a lot to do with price stagnation:
From March 16th to June 5th, 2020, Dynacor's ore purchasing operations were put on hold as all ASM activity was prohibited by order of the Peruvian government.

I would think most disgruntled shareholders have left their positions by now as this stock has been consolidating since 2017.  Although Q2 will probably meager because of the production halt, the stock is ready to surpass recent highs in an uptrending gold price environment imo.
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