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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. It is focused on exploring district-scale silver deposits in Mexico and the United States. Its project includes Gryphon, Medicine Springs, Batopilas, Guigui, and others. The Company with Golden Gryphon USA Inc. jointly earn up to a 70% interest in the Gryphon Property is located in Eureka and Elko counties, Nevada. The Medicine Springs Project is located in the Ruby Mountain Valley, southeast of Elko, Nevada, with an area of approximately 4,831 hectares. The Batopilas Property is located in southwest Chihuahua, Mexico, covering over 1,183 hectares of land and 94% of the historic Batopilas Native Silver District. The Guigui Property is located in Chihuahua, Mexico with an area of 4,750 hectares and covers a major portion of the Santa Eulalia Mining District. Its El Durazno Project is located in the State of Sonora with almost 27,000 ha. of land area. Reyna Gold Corp. is a subsidiary of the Company.


TSXV:RSLV - Post by User

Post by MurryGilroyon Jun 21, 2022 7:55pm
184 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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