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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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

TSX:DNG - Post Discussion

Dynacor Group Inc > Falling price
View:
Post by profitprophet1 on Nov 11, 2024 1:33pm

Falling price

Earnings will be out soon. Not sure why the sell off. I know we've had a good run, but expansion plans are in the works, earnings should be good, a dividend hike is possible,  and price is not over extended.  I'm not selling.
Comment by Teccing on Nov 11, 2024 6:27pm
Gold has be dumping he last few days, that's why the sell off.
Comment by profitprophet1 on Nov 11, 2024 8:00pm
The company's forecasted guidance is based on $2000 to $2050/Oz gold. Clearly we're way above that. So, while you're likely correct on the reason for the lower share price it doesn't make a lot of sense with gold at $2630. On the upside the company continues to buy its own shares. glta
Dynacor Group Inc