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Rochester Resources Ltd V.RCT

Alternate Symbol(s):  RCTFF

Rochester Resources Ltd. is a Canada-based company engaged in the exploration and development of its mineral property interests in Mexico. The Company holds a 100% interest in the Mina Real and San Francisco Properties, which are located in the state of Nayarit, Mexico, east of the state capital city of Tepic. In addition, the Company has an agreement to acquire a 70% interest in the Santa Fe Property. The Mina Real Property consists of 11 mining concessions and one mineral claim encompassing a total area of over 21,367.42 hectares (ha). The contiguous Santa Fe Property consists of one mining concession totaling approximately 3,852.66 ha. The San Francisco Property consists of 12 mining concessions encompassing over 18,125.05 ha. Its subsidiaries include ALB Holdings Ltd., Mina Real Mexico S.A. de C.V. and Compania Minera Santa Fe S.A. de C.V.


TSXV:RCT - Post by User

Bullboard Posts
Comment by Nergyon Dec 20, 2008 2:55pm
452 Views
Post# 15659651

RE: RE: RE: And that's the way it goes

RE: RE: RE: And that's the way it goes

Jeff and the gang said the same thing more than a year ago. RCT has constantly been over promise under deliver.

 

With gold grades of 5g/t and silver grades of 400g/t gold recoveries of 90% and silver recoveries of  70%. RCT will produce 30000 Oz gold eq/y.

 

I still own some shares but want buy any more until they start to deliver some production results. The gold and is there but they need to proof they can get it up with a decent profit.

 

I saw you were writing about La Mancha, you are spot on there LA Mancha is definitely the cheapest gold stock out there. I’ve been doing DD on a lot of gold stocks listed in both US, Canada and Australia and I haven’t found any more overlooked company.

 

FML.AX anf SMF.TO is second and third on my list.

Bullboard Posts