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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 baystock1on May 24, 2010 2:03am
408 Views
Post# 17125895

RE: "Vacuum..."

RE: "Vacuum..."POG1200, I had read the latest RCT presentation on the website, so I had known that TJ's source was a cut and paste job taken some what out of context. If you read the presentation you will see that this is part of some vague 2 step multiyear plan. The 2nd step goals are only achievable if there is success with the first step. There is no mention in the presentation of the capex required to achieve these goals and how far the $8 million raised late last year will take them.

Bullboard Posts