Bullboard - Stock Discussion Forum 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... see more

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TSX:DNG - Post Discussion

Dynacor Group Inc > Dynacor Gold Releases 2022 Guidances, Expects Significant Gr

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Post by AwareInvestor on Feb 23, 2022 8:40am

Dynacor Gold Releases 2022 Guidances, Expects Significant Gr

Dynacor Gold Mines is expecting 2022 to be a banner year. The company has released its 2022 financial guidance as of this morning, with the firm expecting significant growth over its results posted last year.

https://thedeepdive.ca/dynacor-gold-releases-2022-guidances-expects-significant-growth-again-this-year/

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Comment by lscfa on Feb 23, 2022 9:51am

What the hell happened to expansion to Senegal? https://www.globenewswire.com/news-release/2020/07/15/2062609/0/en/Dynacor-Expands-Ore-Processing-Business-to-International-Level.html

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Comment by Moogul on Feb 23, 2022 3:34pm

And I wish they'd just leave the drill program out until they actually have permitting in place. How long have they said they are going to drill that prospect ... I find it kinda funny how management teams do PR thinking that the investment community can't see through the bs. Just be real and upfront with what is certain or much less certain. Anyways the company is in a good spot ...more

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Comment by starboy101 on Feb 24, 2022 11:04pm

Actually I think its kinda nice owning a junior mining company with a good exploration project that is non-dilutive and self-financing.

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Comment by Moogul on Mar 02, 2022 2:49am

Oh I think it's great to have the prospect... but it seems like they've been saying they are going to drill it every year now for the last 5 years (not sure exactly how long it's been in the plan exactly but it's felt like forever). And if it's this hard just to get a permit to drill a couple drill holes, imagine how impossible it would be to permit a mine...

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Comment by ErinBrockovich on Mar 08, 2022 5:20pm

I've been invested in DNG for years. They have not done much in the way of exploration. It's a bit of a wild card for the stock. They have an excellent ore processing business. It's a safer gold play because of that. Enjoy.

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