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 > Consolidation 10:1

<< Previous

Bullboard Posts

Next >>

Comment by PennyWise416on Mar 12, 2021 11:13pm

128 Views

Post# 32791802

RE:RE:Consolidation 10:1

It's possible. And historically - probable. But things are very arguably different today. Way back when ownership came from Augustine, 40% was held by Citibar. A periphery "investor" with too many irons in the fire, to say the least. Then things were tied up in with the estate after the homicide for forever and a day...

Now? We're good. Boots on the ground, 100% ownership, major player involved, 10:1 on Monday to make the stock more attractive to institutions. I get the sentiment of your post. But again things are way more hopeful than they were a few years ago. Why not hop aboard the RPX support train for the reasons listed.

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market