Welcome To The Dynacor Gold Mines Inc. HUB On AGORACOM
Profitable gold company
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Are gold stocks really beginning to boom again?
Gold mining stocks have performed poorly against the gold price itself for most of the past six months, but this is beginning to change and we could be set for a major boom in valuations as profits begin to surge.
dynacor's q3 profits should once again be very good. in september, they started producing gold at the higher rate of 200 tpd. my estimate is they produce above 4,000 ounces for september and more than 11,000 ounces for the quarter. those accumulating at today's price are probably picking it up for under 5 X 2011e cash flow per share and under 3 X 2012e cash flow per share.
nick campbell from canaccord recently wrote: " Valuation "2012E CFPS....compared with the junior producer average of 9.5x 2012E CFPS"
dynacor cfps is on target for $0.14 to $0.20 in 2011 ($0.04 last quarter) and if they get two mills running $0.25 to $0.30 in 2012 is a very conservative estimate. 2013 should comfortably be over $0.50 per share at 500 tpd.
9.5 times cfps for junior gold companies in my opinion is cheap and most likely will double before the year is over.
dynacor's q3 profits should once again be very good. in september, they started producing gold at the higher rate of 200 tpd. my estimate is they produce above 4,000 ounces for september and more than 11,000 ounces for the quarter. those accumulating at today's price are probably picking it up for under 5 X 2011e cash flow per share and under 3 X 2012e cash flow per share.
nick campbell from canaccord recently wrote: " Valuation "2012E CFPS....compared with the junior producer average of 9.5x 2012E CFPS"
dynacor cfps is on target for $0.14 to $0.20 in 2011 ($0.04 last quarter) and if they get two mills running $0.25 to $0.30 in 2012 is a very conservative estimate. 2013 should comfortably be over $0.50 per share at 500 tpd.
9.5 times cfps for junior gold companies in my opinion is cheap and most likely will double before the year is over.
keep in mind when dynacor was trading at $2.00 a share back in march, the market was paying 20x cfps.
check it out, $3.5 million cash flow was reported in 2011 and they had 35.5 million outstanding shares.
.098 cfps or 20.4 times cfps to be exact. think it will happen again?
suspecting a tumipampa exploration update is next...i think one significant intercept is all it takes in these markets...could that be the case in october?
plus very excited if they announce the start of a new cross cut underground devlopment of the veins.
.098 cfps or 20.4 times cfps to be exact. think it will happen again?
suspecting a tumipampa exploration update is next...i think one significant intercept is all it takes in these markets...could that be the case in october?
plus very excited if they announce the start of a new cross cut underground devlopment of the veins.
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