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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 gwhiz1on Oct 01, 2009 11:47am
195 Views
Post# 16353985

RE: RE: Rochester to raise $11.5-million for explo

RE: RE: Rochester to raise $11.5-million for exploDid you read the Sedar filing?

You jumped the gun RY, I probably bought your shares at $.18 today. Thank you!

Sure I dislike the dilution but I REALLY like what they want to do with the cash. How do you know this new financing was not offered from the personal accounts of members of the mgmt team?  Lied to? Where did they ever say this new PP would NOT BE 11.5 million units, as you said yourself you dont even know the pricing and you go and sell your position?


Bullboard Posts