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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 realtyon Nov 10, 2023 10:54am
151 Views
Post# 35728358

Shares

SharesLove this company, management and its projects.  To be honest though, this is an exploration company and they wont have any new drill results until this time next year.  This company is always slow on the drilling and release of the results.  They are also going to need money and JVs for next years drill program on all of these juicy projects that they have.  They will probably lose 50% of the projects through JVs, if not more.  When you add in shareholder dilution for themselves to pursue one or more of these projects next Spring, it just does not make sense to hold their shares.  I will buy back in just before their drill results next year.  I dont blame anyone else for holding shares in this good company, but their is an opportunity costs that comes with holding them.  I have sold for now.  Realty
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