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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

Comment by tbnorthstaron Feb 19, 2021 5:13pm
209 Views
Post# 32613293

RE:RE:RE:RE:Why is this dog halted? Hopefully management resigned!

RE:RE:RE:RE:Why is this dog halted? Hopefully management resigned!
bugsy460 wrote: I think they will announce a consoladation of ownership and go to market to raise money. should be good for shareholders.



That is the most likely scenario. One other little item, they will also consolidate the share structure as there is enough paper out now to cover all the walls in my home. Lets try a good ole one new one for ten oldies for size. Then cash for the remaining percentage of the property and away we go. This isn't the first roll back for RPX and knowing the lads in charge probably not the last, they do love to issue shares:)
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