Reyna Silver Corp V.RSLV

New dumbass asking question...

[NewChoo]

It's not like this place is busy, but I'll try again... 

If Reyna's 80% partner and it's their drilling contract why would they only halt NLR and not Ryena?

Thx -

[realty]

NewChoo.  Reyna does not have a steak in Tin Cup only in Medicine Springs.  No one is drilling Medicine Springs yet.  I hope that helps.  Realty

[NewChoo]

Yes it does help and thanks for that... I've gotta admit, I thought that Reyna had tied up all of Medicine Springs, but no luck there. Hopefully Jorge has something cooking there we need to get the price moving in the right direction, it's not giving me the warm fuzzies these days.... 

[ValuePro]

Hmm, I posted news earlier and it didn't take.  Northern Lights released drilling results at their Tin Cup project, which is not part of the Medicine Springs partnership with Reyna.  They confirmed gold near surface around where previous production ceased long ago, so this is no surprise.  NL trading is well off in the US today, and off too in Canada.  IMO, NL will need a

[ValuePro]

Just a final comment for now on NL.  We had a pumper here for a time based on the fact that Reyna is in a partnership with them on a project unrelated to the pumper's intent.  Well, the pumping worked until the news came.  Now the price is below where it was when the pumper showed up here.  NLs news and price-performance may at some point induce me to buy it, but that time

[ValuePro]

"As to Reyna's price action today, it is holding..." Scratch that.  Metals and miners soared higher at this morning's opening but crashed later.  Oil did the same thing. 

[DeepValue81]

NLR still has 100% of thier Secret Pass Gold Project.  Thats why I beliive its related to drilling on that property.  Also they will start drilling at Medicine Springs this Summer with a 5-7000m program.

[ValuePro]

"Thats why I beliive its related to drilling on that property." That is probably so, but they only did four holes.  That hardly ever happens as the risk of missing the best results increases, along with missing the target altogether.  So, this becomes a measure of the company's faith in their target or how much they are willing to gamble their credibility. "Four

[ValuePro]

Yes, it is likely about Secret Pass, where results were pending from four holes where historical drilling showed less than .2 gm gold, but past production included some high grades.  The mineralization is near-surface, the history is good, the geology is suitable, so good luck to them.  I will be more interested in learning how the discrepancy in halt trading orders will be resolved

[ValuePro]

Oops!  I did not mean to make postings back-to-back on the same matter.  I thought that the first one did not post, so I rec-created it, putting in less effort.