Rochester Resources Ltd V.RCT

Alternate Symbol(s): RCTFF

Metals & Mining Industrial Metals & Minerals

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

Rochester Resources Ltd

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Comment by loverguy_nr1on Sep 20, 2006 8:06pm

301 Views

Post# 11393808

RE: resource world bullish on RCT

I don't know what you mean with "but the mill capacity is only 200T" and what it have to do with owning 51% or 100%. If RCT own 100 % the cashflow will gets dubbled. According to the company 12 MUS$ (at 450 US$/oz gold) at 200 t/d. Gold is higher and 450 so you can say that pcf = 1,2 with 100%.

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