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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

Comment by ijerryhaleon Dec 31, 2020 11:43am
175 Views
Post# 32203616

RE:RE:RE:Why no $2- $3 price?

RE:RE:RE:Why no $2- $3 price?IVZ is @ 17.4 today. DNG is it 1.79, the same price it was last year at this time.

In the meantime gold has gone from 1550 to 1897.

DNG still isn't doing more than 300 tons per day, and it's gone from a gold exploration company (hence the name Dynacor Gold Mines) that funded that exploration with a mill, to a milling company that might get back to exploration some day and, oh by the way, we're going to Senegal ... someday ... at ... some price, which will have ... some benefit to shareholders.

'some people might suggest having some gold exposure in their portfolio'

yeah ... okay.
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