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
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.