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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 trendisafriendon Sep 17, 2009 1:33pm
286 Views
Post# 16315188

RE: RE: RE: RE: Gold production?

RE: RE: RE: RE: Gold production?HAHA.  Thats an interesting slant to the story. Retiring, you are way off, and you can inbox me if you want details. Facts are the stock is 17 cents,  and Id wager a bet, that by the time news comes we are going to be 15 cents, surprise, surprise. Financing, the dilution will be terrible for long term holders. . Sure, why wasn't a financing done at 25 or 30 cents when the stock was trading at those prices. A small financing... hmm... don't agree with that one retiring, theres more to the story. Anyways, Ill consider this one a writeoff, and I wont be buying any more shares from this group, no matter what else comes. Too much promise, too many good assets, and now 17 cents. Im not at a loss for words, just the way things are. Its really that simple.
Bullboard Posts