The Investment Doctor
Long/short equity, value, debt, base metals

Dynacor Gold - The Numbers Don't Lie And A Re-Rating Will Follow Soon


In this article I'll have a closer look at Dynacor Gold (OTC:DNGDF) which is quite a special company. Instead of mining gold, the company is actually a services provider as it does not operate its own mine, but allows smaller miners to use Dynacor's mill to process their ore. I will explain why this company should be valued as a services provider and not as an exploration company.

The volume on the US exchange isn't too bad with 11,000 shares per day, but I'd still recommend to trade in shares of Dynacor Gold through the facilities of the Toronto Stock exchange where the company is listed with DNG as its ticker symbol. The average daily dollar...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details