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Bullboard - Stock Discussion Forum 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... see more

TSXV:RSLV - Post Discussion

Reyna Silver Corp > Press release
View:
Post by ValuePro on Sep 05, 2023 11:20am

Press release

Regarding this morning's press release, I was about to post that this may be Reyna Silver's first which is not of district scale.  But I took a second look and noted that 10,300 hectares is almost precisely the same size as another project I know of, which is classified as district-scale, albeit small compared to most.  And in looking at the types and varieties of prospective targets at the Gryphon project, yes, it does look to be district in scale. 

Some may call the observation semantics, and it is in one sense.  In another, it isn't.  When a project is considered "district-scale," it draws more money from big hands - institutional investors, etc. - because it implies lower risk.

FWIW

VP in AZ


Comment by tigris72poo on Sep 17, 2023 12:44pm
I don't see how "district scale" implies lower risk.  In my mind it implies bigger potential that may draw the attention of larger companies IF the exploration effort is successful.  But it doesn't in anyway change the risk.  
Comment by ValuePro on Sep 22, 2023 8:43pm
Thanks for your reply.  And I can understand your thinking, except that "district scale" suggests multiple chances for making one or more discoveries.  And with success, the additional opportunities for becoming the "gatekeeper" to the district - a highly desirable position for any explorer.  But no matter, I think we are on the same side here, wanting success ...more  
Comment by tigris72poo on Oct 01, 2023 4:29pm
I see your point VP.  Yes, we are on the same side wishing for success for RSLV.  Only drilling will decide if we get it.
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