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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 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

Bullboard Posts
Post by galena03on Jul 07, 2014 12:27am
191 Views
Post# 22720014

UUm. Massive accumulation.

UUm. Massive accumulation.Could the boys gone short on the way up and are now covering some of their shorts. (Naked shorts are never reported) Flow thru's can be a killer for the companies share price. The big boys get the write off and the share price does not even have to come back to the issue price for them to make a profit. At this low price it may be a quick gamble. When anonymouse sells a million shares at .015 a day it would make me wonder who is maybe manipulating the market. These big boys whoever they may be can trade between each other and some may loan each other a loan for the days trading who knows. when we trade the market we always wish for a glory hole as we will never know what is going on with the share price until we see it slowly drifting down and then sell with a loss and the shorts are covered and we start over again. I learned my lesson but its funny new lessons keep catching you off guard. Its that old metaphor from the casino. The house always wins. I hope you all make some money and we keep dreaming but dont bet the house. Its more fun to watch.

Bullboard Posts