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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 Dec 07, 2018 2:51pm
65 Views
Post# 29084081

RE:more great news!!

RE:more great news!!

Earlylnvestor59 wrote: looking good 

 

Mr. Earlyinv - You have been quite critical of Max in previous posts.  When I reviewed Max's posts, I can see why he is frustrated.  Trading at a year low of 4 cents a share.  Slowly but surely the amount of stock on the bid has been decreasing, while the amount of stock on the ask has been increasing.  Nothing dramatic, but it appears for the last litle while a momentum shift has been forming where there are more sellers that buyers, hence the 4 cent bid.  

 

Three thoughts come to mind.  (1) tax loss selling - (2) rollback possibility (3) too many heavy market down days causing people to hit the sell button

The above thoughts are all speculation on my part.  Best of luck to all longs going forward.

 

 

Bullboard Posts