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Bullboard - Stock Discussion Forum 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... see more

TSX:DNG - Post Discussion

Dynacor Group Inc > Anon selling/ shorting today?
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Post by mouserman on Dec 08, 2020 2:42pm

Anon selling/ shorting today?

I noted that the short position jumped by  nearly 10,000 shares in the last two weeks of November.. and today ANON the big seller, perhaps trying to protect a short position. 
If it gets too far up before ex divvy date, they will cover not wanting to pay the dividend AND pay margin interest on the position they are losing money on. 
SPOT GOLD and silver heading up will hasten their covering.
Time to get some more cash in my warchest and put some more pressure.....
Comment by ErinBrockovich on Dec 09, 2020 9:42am
Pretty funny to short this. Volume is pretty thin and the stock price is stable. I'd buy if I saw a dip back to 1.50. I'm happy to hold what I have. In the long run we have lots of upside.