Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 realtyon Nov 10, 2023 10:54am
203 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
<< Previous
Bullboard Posts
Next >>