Discovered this... but didn't pick him up. Now that I see how far he's been I'm regretting not giving him an assist!
However, I am a bit puzzled since I am pretty sure that I found Red in "Deep In The Heart Of It" (geocache GC1QQH6) across Long Pond instead of where the TB reports itself to be ("Old Life Turned New", geocache GC1QPMA). If someone goes to pick him up and can't find him where he's "supposed" to be, look for him in "Deep In The Heart of It" instead.
Cheers!