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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

Post by MurryGilroyon Jun 21, 2022 7:55pm
147 Views
Post# 34772659

Reyna broke 0.36 support level, testing 0.31 support.

Reyna broke 0.36 support level, testing 0.31 support.Guys, it's time to bail out as Reyna is heading into the 20's range soon and my prediction for 0.25 will be correct. I was correct back in January for it to drop to 0.55 from the 0.70's (see my history). Reyna burns cash faster than most mining junior because they have to pay off cartels and Mexican officials. They don't have a office, they pays people just to sit in on zoom meetings here and there. The small crew that does drilling samples are amatures and the CEO is living/working across the world in Hong Kong. There is a lot more that can be said, but I will save that for later. I am surprised anyone would risk their hard earn dollar on this poorly run and stetchy company. It's better to cut your losses and put it into a more proven or establish company.
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