Post by
ValuePro on Sep 05, 2023 11:29am
Because NL has an interst in Reyna Silver...
Regarding this morning's press release, I was about to post that this may be Reyna Silver's first, which is not of district scale. But I took a second look and noted that 10,300 hectares is almost precisely the same size as another project I know of, which is classified as district-scale, albeit small compared to most. And in looking at the types and varieties of prospective targets at the Gryphon project, it seems to be a scale district.
Some may call the observation semantics, and it is in one sense. In another, it isn't. When a project is considered "district-scale," it draws more money from big hands - institutional investors, etc. - because it implies lower risk.
FWIW
https://finance.yahoo.com/news/reyna-silver-reyna-gold-announce-110000264.html
VP in AZ
Comment by
Totalmetalhead on Sep 07, 2023 10:23am
No matter what they do this stock still sux.