GREY:FNKLF - Post by User
Post by
timron1on Jun 29, 2012 9:33am
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Post# 20067783
RCT.V Produces 722 oz Au, 66,202 oz Ag per quarter
RCT.V Produces 722 oz Au, 66,202 oz Ag per quarter
Rochester turned first quarterly profit 2 quarters ago with consistent gold and silver production. Institutionally held by Sprott, Mackenzie, U. S. Global, Libra, and TD. CEO whose company (Luisman) was swallowed by Wheaton River (became a director) then bought by Goldcorp (Then he took the role of Executive Vice President of Goldcorp from March 2005 to September 2007).resides at the Mexican operation. No financing required for over 2 years as company turned its first quarter profit self-sustaining from continuous quarter production of at least 700 ounces of gold per quarter and at least 50,000 ounces of silver.
Rochester V.RCT continues to improve and expand production from its multi mine locations with a market cap of only 6 million dollars. Mining operation assets more than double value of market cap alone.
https://www.stockhouse.com/Bullboards/SymbolList.aspx?s=RCT&t=LIST
To December to Feb 2012 on SEDAR
Tonnes Processed 19,340 Tonnes
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Gold Grade 1.30 g/t
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Silver Grade 191.85 g/t
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Gold Recovery 89.69 %
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Silver Recovery 55.50 %
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Gold Produced 722 Ounces
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Gold Sold 711.54 Ounces
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Silver Produced 66,202 Ounces
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Silver Sold 64,215.72 Ounces
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Gold Equivalent Produced 1978 Ounces
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Production heading in the right direction. Developed meters and samples have also increased.
RESULTS
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Q1
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Q2
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Q3
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Accumulated
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Q4
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(Jun-Aug 2011)
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(Sep-Nov 2011)
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(Dec-Feb 2012)
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2011-2012
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Up to Apr 15, 2012
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Tonnes Processed
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15,811 Tonnes
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16,672 Tonnes
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19,340 Tonnes
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51,823 Tonnes
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8,984 Tonnes
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Gold Grade
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1.10 g/t
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1.47 g/t
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1.30 g/t
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1.29 g/t
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1.40 g/t
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Silver Grade
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147.80 g/t
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204.65 g/t
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191.85 g/t
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182.53 g/t
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212.75 g/t
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Gold Recovery
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88.91%
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91.31%
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89.69%
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90.08%
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91.14%
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Silver Recovery
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57.83%
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50.68%
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55.50%
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54.34%
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60.14%
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Gold Produced
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496 Ounces
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720Ounces
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722 Ounces
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1,938 Ounces
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369 Ounces
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Gold Sold
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488.58 Ounces
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709.66 Ounces
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711.54 Ounces
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1,909.78 Ounces
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363.14 Ounces
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Silver Produced
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43,454 Ounces
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55,589 Ounces
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66,202 Ounces
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165,245 Ounces
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36,952 Ounces
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Silver Sold
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42,150.26 Ounces
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53,921.70 Ounces
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64,215.72 Ounces
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160,287.68 Ounces
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35,843.12 Ounces
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Gold Equivalent Produced
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1,515 Ounces
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1,837 Ounces
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1,978 Ounces
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5,331 Ounces
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1,091 Ounces
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Developed Meters
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1,102 Meters
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1,075 Meters
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1,928 Meters
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4,105 Meters
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934 Meters
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Samples Taken
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6,294 Samples
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8,256 Samples
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9,015 Samples
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23,565 Samples
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4,037
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