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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
Comment by MaxByrneon Nov 07, 2019 3:58pm
131 Views
Post# 30323688

RE:New management

RE:New management I agree with you 100%. They have consistently failed to build shareholder value in each of their 3 stocks, RPX, BMK and TUF. Management ruins the share structure by positioning their "friends" in cheap flow through units which creates a huge overhang of warrants. This limits the upside on the stock due to the overhang. I won't go into my other suspicions regarding share issuances and the possibility of algorithms. I have been ruined by their management style and recognize that shareholders need to break the cycle if they ever want to recover their investment.
Bullboard Posts