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Reyna Silver Corp V.RSLV

Alternate Symbol(s):  RSNVF

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).


TSXV:RSLV - Post by User

Comment by SilverFox75on Jun 07, 2021 8:47pm
103 Views
Post# 33345485

RE:RE:Guigui results

RE:RE:Guigui resultsI respectfully disagree. Imagine a scenario where they encounter unmineralised alteration which clearly points towards the mineralisation. They can't say that based on the newly acquired knoweldge they will hit in the next couple of holes. Similarly what if they cross over a heavily mineralised manto which is thin. Many people will see a thin intersection and dump the stock. A lot of people's experience is limited to vein type mineralisation. Someone who has done their due diligence will understand that mantos themselves can be 100's metres wide and kilometres long...it is not a "vein". They will also know that in a carbonate replacement deposit a manto is associated with a chiminey, which can be single ore body containing up to a million tons. And of course there is the intrusion itself which has never been found at Santa Eulalia. It's simply a case of a little bit of information can be dangerous. If they hit the bullseye I'd agree they'd need to annoucne something so they probably haven't yet. But it doesn't mean they aren't homing in on it. The complete set of results from all 10,000m might paint a compelling picture whereas a single intercept could be misleading. The below link is from MAG Silver 2012...what if they had announced a 4m intercept? You'd be kind of pissed off if you sold and subsequent holes showed that 4m thick intercept was 400m wide and 4 kilometres long!!

https://www.equedia.com/an-absolute-monster-mag-silvers-crd-discovery/

As Buffet says the share market is very good at transferring money from the impatient to the patient. I feel we're so far in to this drilling campaign that it would be folley to sell out now. I might be wrong and it's a complete dud but I invested to see these results...you don't place a bet then fold before the seeing the card!!
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