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Red Pine Exploration Inc V.RPX

Alternate Symbol(s):  RDEXF

Red Pine Exploration Inc. is a Canada-based gold exploration company. The Company is primarily involved in the identification, acquisition, and development of properties in Ontario, Canada. The Company has ownership interests in several exploration projects. The Wawa Gold Project is the primary focus of exploration. The Wawa Gold Project is in the Michipicoten Greenstone Belt of Ontario. Its land package hosts numerous gold mines and is over 6,900 hectares (ha) in size. The Wawa Gold Project hosts several former smaller scale mining operations and is located approximately two kilometers east of the Town of Wawa in northern Ontario. The Company owns four other properties, including 102 claims and one lease covering 1,783 ha in Northern Ontario. The four properties are Cayenne Property, Cayenne Property, Fern Elizabeth Property, and Rand Garrison. The Cayenne property consists of four cell claims covering about 70 ha and one lease covering 63 ha (total 133 ha) in Genoa Township.


TSXV:RPX - Post by User

Bullboard Posts
Comment by KC8on Apr 24, 2017 7:39am
116 Views
Post# 26155951

RE:RE:RE:Interesting bidding this morning!

RE:RE:RE:Interesting bidding this morning!
sage4050 wrote: Probably 300 mill or more outstanding (almost all in the float).  Don;t these guys buy their own stock?  All sounds good (according to this board) but wonder if these guys are the R/S type.  Have been noticing just lately when mines get 350 or larger outstanding some go to the R/S.  Funny usually it would take a much higher count.  Held one last year that r/sed me with 75 mil OS--couldn't believe it.


I can understand your thoughts in regards to a R/S looking at the number of shares O/S.  Personally I don't think this is a concern at this time as they have sufficient cash in the till to carry out the current on going program.

Bullboard Posts