Reyna Silver Corp V.RSLV

Alternate Symbol(s): RSNVF

Metals & Mining Silver

Reyna Silver Corp. is a Canada-based junior exploration and development company. The Company is focused on exploring district-scale silver deposits in Mexico and the United States. The Company’s properties include Guigui Property, Batopilas Property, Matilde Property, El Durazno Property and Medicine Springs Property (Nevada). The Guigui Property consists of over seven concessions (4,553.7034 hectares) and is located in Chihuahua, Mexico. The Batopilas Property consists of over 10 concessions (1,169.7313 hectares) and is located in Chihuahua, Mexico. The Matilde Property is located in Sonora, Mexico and consists of approximately 1,369 hectares. The El Durazno Property is located in Sonora, Mexico and consists of approximately 24,630 hectares. The Company has an 80% interest in the Medicine Springs Property, located in Elko County, Nevada. The Company’s properties also include La Chinche Property, La Reyna Property and Trudeau Gold Property (Quebec).

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Reyna Silver Corp > Drilling Results?

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Comment by Rdjfarmson May 05, 2021 6:36pm

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Post# 33137501

RE:RE:Drilling Results?

I think the share price is sliding because there is a lot of warrants issued for the purchase of the La Chinche property that are in the money at current share price. January 1, 2021 3 million were issued as part of the sale with an exercise price of $0.75. I suspect a lot of these are getting expercised and sold. There are another 3.5 million being issued for July 1 2021 with an exercise price of $1.00...even more for Jan 2022 and July 2022.

I am more inclined to thinkt the reason for the delay is more due to the shear amount of drilling going on in Mexico and the backlog being created by covid and results are taking longer to get analysed.

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This junior mining stock offers billions in market exposure