Post by
ValuePro on Feb 03, 2023 10:22pm
I'm in and I'm staying in!
Not being an insider or on the BOD, I can't second guess what surrounded the deal. All I know is that I like the properties, I like the progress being made, and I remain optimistic. In the meantime, I encourage anyone with doubts to move on, and good luck to you.
Bye, bye.
VP in AZ
Comment by
Taupo65 on Feb 10, 2023 3:06pm
Minimium of 17.5% dilution and up to 21.6% if they take the extra $1.5M. That is a pretty hard hit. Mind you they need the money to do some work. From a perusal of their website they have not done much of their own work on these properties - other than to pay Megaw for some videos.
Comment by
ValuePro on Feb 14, 2023 1:22pm
And how do explorers progress without dilutions? Raising funds by borrowing from financial institutions has not been legal since the Financial Crisis. Dilution is all that is left. In this case, Reyna Silver is working on multiple district-scale projects. One alone is rare enough, making this company a very rare opportunity in itself, in my opinion.