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Saturday, 08/31/2013 5:46:33 PM

Saturday, August 31, 2013 5:46:33 PM

Post# of 29
Casey's Louis James Warns: 'Don't Try to Time the Market'

Source: JT Long of The Gold Report
(8/14/13)

Section of article:

We recently recommended Dynacor Gold Mines Inc. (DNG:TSX) in Peru because it's a producer without the danger and technical challenges of actual mining. It is a licensed gold mill and buys ore from miners in the area. Peru is cracking down on illegal mining and milling by so-called artisan miners that are harming the environment. The government decided to get serious about milling in environmentally sound ways and is actually enforcing the law. Dynacor has the only legal mill in an area full of high-grade gold veins, and, presto, now it can pick and choose from the highest-grade supplies of gold ore. The real beauty of this set up is that if the price of gold drops, Dynacor pays less for the ore it buys—it's more "correction proof" than any other producer I know.

Dynacor is a small, thinly traded stock, so buyers should take care. But as long as gold doesn't go so low that the miners stop mining, this one makes money. It's an example of opportunity where the bottom for gold doesn't matter. Share price appreciation doesn't depend on higher gold prices, just on the company executing its business plan.

Continued below;

http://www.theaureport.com/pub/na/caseys-louis-james-warns-dont-try-to-time-the-market


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