A Look at Two Junior Canadian Miners
I want to share some basic analysis and charts of two Junior Canadian Miners (that most of you have probably never heard of) that I like a lot, have followed for about 2 years and have traded successfully several times.
Dynasty Metals and Mining - DMM.TO / DMMIF
Dynasty is a junior gold producer and explorer with properties in Ecuador. It has mines with some pretty serious ore grades (11-12 g/t). And it is a producer, after ramping up for awhile (it's first pour was on Sept 28 this year). There is a lot to like about their setup and if their mines production costs bear out with their estimates, they would have one of the most profitable mines around.
However, Ecuador has had a few issues, including bond defaults in the last year. This might affect DMM or it might not. Tough to say. But there is some political instability in the region (but I suppose that is true in California too, so what can you do).
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