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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 RedHorizonon Feb 08, 2009 1:05pm
529 Views
Post# 15762055

RE: Lots of volume lately

RE: Lots of volume latelyThis volume is due to the announced financing.  People sold shares down to .25 to then buy the .25 PP.  What is encouraging is that there are a lot of buyers for RCT after the financing announcement.  I believe Eduardo Luna has instilled some confidence here.

On the negative side I am concerned about dilution.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities