05:21:14 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Dynacor Gold Mines Inc
Symbol DNG
Shares Issued 36,395,311
Close 2014-12-18 C$ 1.59
Market Cap C$ 57,868,544
Recent Sedar Documents

Int'l Speculator upgrades Dynacor to buy

2014-12-18 21:11 ET - In the News

The International Speculator, in its Dec. 5, 2014, issue, upgrades Dynacor Gold Mines Inc. (recently $1.15) to a buy from a hold, officially, "Buy first tranche." The newsletter said buy on July 8, 2013, at $1.15, and again on Jan. 6, 2014, at $1.85. Assuming a $1,000 investment for each of the two buys, the $2,000 holding is worth $1,605. The writer says Dynacor posted $1.8-million in net income in the third quarter, and its exploration results were encouraging. "This one is tops on our Tax-Loss Season shopping list," he says. Elsewhere in the issue, Louis James, Casey Research's senior metals investment strategist, is still hinting that the "Crash of 2014" is still possible, and that Casey's predications about gold soaring to new highs will still take place. He admits that the most dire of Casey Research's economic predictions for this year have yet to materialize, but he remains confident that investors can rely on his insights. "Even if it turns out to be true that our economics and technical team got the timing wrong -- or even if it turns out that we're completely wrong and there's no crash at all -- the specific actions I recommended for metals investors were right on the money."

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