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Bullboard - Stock Discussion Forum Red Pine Exploration Inc V.RPX

Alternate Symbol(s):  RDEXF

Red Pine Exploration Inc. is a Canadian gold exploration company. The Company is in the exploration stage and has not commenced any commercial operations. The Company’s flagship asset is the Wawa Gold Project. The Wawa Gold Project is in the Michipicoten Greenstone Belt of Ontario. The Wawa Gold Project covers over 7,021 hectares (ha), including 309 claims covering 4,788 ha; 17 leases covering... see more

TSXV:RPX - Post Discussion

Red Pine Exploration Inc > Starting to regret
View:
Post by Seewhathappens on Sep 23, 2021 10:42am

Starting to regret

I am definitely starting to regret my actions of buying in here . I figured with such amazing and positive news coming out this would hold and sustain closer to .80-.90c. but I'm starting to feel like I just got sucked again on this guy.. guess thats what you get for taking chances..now the long hold.. tell they probably dilute me again.
Comment by Northyork on Sep 24, 2021 4:22pm
Get ready in the new year as they will issue shares for drilling and don't forget there salaries. Your probably about 3 years away from another reverse split. I was told many times there will be a buyout that was 5 years ago. Management has every excuse in there play book. 
Comment by bober2 on Sep 28, 2021 5:26am
Northyork, I\ve held this dog for too many years to remember.  I've gone through three rollbacks .  Everytime they say it's going to be bought out and it never happens.  I've got so little stock left so I'm hoping a price appreciation in the next few months and then I'm gone. What a total waste of time.
Comment by Seewhathappens on Oct 06, 2021 12:31pm
I've been through three rollbacks as well. Happy i noticed something happening just before the jump . But i wax expecting it to hold better.. oh well
Comment by PennyWise416 on Oct 07, 2021 10:33pm
Every few weeks same whiny post. "I've been through three rollbacks, *sniffle*". I've owned this stock longer than you. Why didn't you just sell at a loss, which is something that has to be done sometimes? Sell at a loss, move money elsewhere. Constantly whining about the company. No mention of its merits, that the estate's been dealt with, that we got the 10:1 we wanted, ...more  
Comment by Northyork on Oct 12, 2021 2:34pm
They have accomplished nothing in the last 5 years. They took the company off the hands of the Sherman estate because it was not wanted by the estate. They drill holes in the shareholders pockets that it so far. 
Comment by PennyWise416 on Oct 12, 2021 9:42pm
We got a solid resource estimate of 700k oz in what 2019? Now with Citibar's (Sherman's) portion in RPX's hands we can expand on that. Seems like it's going well so far. What's the issue?
Comment by Northyork on Oct 13, 2021 7:52am
If you can't see the issues here I believe your a couple sandwiches short of a picnic.
Comment by PennyWise416 on Oct 14, 2021 10:34pm
Got a cold cut trio party sub, and Subway Gift Cards o'plenty lol. As for your post about a Dec drop and the constant attempt at cooling. Why u still holding?? If you're certain we're in for a big drop, sell now. Then buy at the drop. Make a profit and recoup your bagholding loss.
Comment by mjh9413 on Oct 01, 2021 2:10pm
A few points.. They had $4.9MM= @ their Aprl 30th 9 mos after electing to pay a total of $12MM+ cash (price and fees) for Wawa they didn't own. They have 12.8MM in-the-money warrants exp dec 2021 as at that April date and salaries and Admin cost are about $0.5MM/qtr. Take away expploration costs with warrants exercised they should be okay for another several months. Warrant exercise ...more  
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