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.

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Red Pine Exploration Inc > Why I think Red Pine is a super buy

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Comment by roberto146on Jul 27, 2024 11:57am

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Post# 36151170

RE:Why I think Red Pine is a super buy

"... they were surprised that Alamos Gold has not already bought it."

They bought RIC/Patricia/Island Gold Mine (which RIC bought for peanuts) and that turned into a money machine.
The nasty surprise for RPX holders would be if they bought it at a bargain basement price, but the RIC deal was pretty good, and it was friendly. They already have 25M shares and a board member on RPX.

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