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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 Nov 12, 2009 11:40am
302 Views
Post# 16479686

Retiring, I echo that particular sentiment on the

Retiring, I echo that particular sentiment on theBut most that I have sold have gone lower, so that is all ok by me... This one is weird, I just wish there would be some kind of announcement on a financing, and if some or all has been closed. The stock is now at a level, where the last large investor has made their inviestment.  I personally know what needs to be done, but I dont get paid to make that selection. I like the assets, lets see what happens, hopefully no more downside from here, but I do believe we will have to bite the dilution bullet, if the stock stays at these prices.
Bullboard Posts