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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 retiredcfon Jul 21, 2024 10:28am
152 Views
Post# 36141678

RE:Assessment

RE:AssessmentA few more comments in response to a recent question. GLTA

The sector of course can be cyclical, and small cap metals companies can at times languish for years. Insiders own 9.5% of DNG and two entities own a combined 24%, so trading can be thin adding to volatility. There are always operational and environment risks in the sector (see VGCX for how bad it can get at times). But if one can accept these risks, the stock reads very well: cheap, good dividend, good balance sheet, with growth potential.  (5iResearch) 
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