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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 Futuristicalon Aug 19, 2016 2:17pm
159 Views
Post# 25159348

The Trend is a Friend...

The Trend is a Friend...
Another impulse wave up seems due according to Elliot Wave theory. But not before the A-B-C retraction is complete. So I'm expecting a probable rise back to near 20 cents as part of "B" up, from current 15, then back to near 15 in a "C" down, creating a temporary sideways trend before moving on up to new highs as part of a continuation of a larger 5 wave set upwards. While surfing the smaller waves may be fun, let's be careful not to miss the larger runs by being impatient. I have done it but not this time. Next longer range target mid 30's? After Labor Day we shall see...
Bullboard Posts