Red Pine Exploration Inc V.RPX

Alternate Symbol(s): RDEXF

Metals & Mining Gold

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 790 ha; and 105 patents covering 1,443 ha. The Wawa Gold Project hosts several former smaller scale mining operations with a combined historic production of approximately 419,560 tons with a recovered 120,093 oz of gold at an average head grade of 9.04g/t1 Au, is located approximately two kilometers east of the Town of Wawa in northern Ontario. The Company holds claims on various other properties, which include Cayenne Property, Fern Elizabeth Property, and Rand Garrison Property. Cayenne Property is a 133-ha property. The Company also holds NSR royalties on various properties.

TSXV:RPX - Post by User

Red Pine Exploration Inc

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Comment by Doingmybeston Jan 28, 2014 10:38am

442 Views

Post# 22141901

RE:RE:Red Pine Intersects 27 meters of 8% Zinc

RPX had a run from 6.5 to 12 cents and settled in the 10 cent range on no news. If I were to guess (and this is all we can do), loose lips leaked the best result and that pushed firm buying. Today we are seeing "sell the news".

The positives: Lots of house buying in this 9.5 cent range. Likely forming a new base and waiting for the next leaked info. Unfortunately, in the pennies, retail is the last to know anything. If there is an unprecedented run next time, you'll know more chatter is going on.

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