Seeking Alpha

Executive summary:

  • Dynacor has stopped accepting ore for its Peruvian gold processing plant due to a crack-down on illegal mining.
  • Half a ton of gold has been confiscated in a major illegal gold bust. Reuters retracts press release about involvement of one of Dynacor's suppliers.
  • The share price has suffered and we predict further headwinds.
  • We consider Dynacor a SHORT at the present point in time.


Dynacor (OTC:DNGDF) has a pretty simple and seemingly fool-proof business model. So much so that a fellow author made Dynacor his overall number one stock pick for 2014. We sincerely hope that he hasn't acted upon his own advice.

The share price has been on a roller coaster of late and...

Only subscribers can access this article, which is part of the PRO research library covering 3,758 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: