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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. 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.... see more

TSXV:RSLV - Post Discussion

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Post by realty on Nov 10, 2023 10:54am

Shares

Love 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
Comment by ValuePro on Nov 12, 2023 10:41am
"They will probably lose 50% of the projects through JVs, if not more." How is that a bad thing?  Is that not how explorers grow and capture the attention of investors?  Frankly, I am re-aligning my small portfolio of explorers to capitalize on one I think has high prospects for share price growth very soon, but I'm not selling any Reyna Silver to do so. Besides, a surge ...more  
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