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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 kootenayguyon Dec 13, 2010 9:09pm
439 Views
Post# 17841291

RE: RE: RE: RE: Lots of Questions but no answers

RE: RE: RE: RE: Lots of Questions but no answers     On Feb. 1, 2010  RCT announced

" that it has retained First Canadian Capital Corp. ("First Canadian") as a consultant to provide strategic marketing and investor relations services. Under the terms of the agreement, the Company will pay First Canadian $5,000 per month for a twelve month initial term and grant 300,000 stock options at an exercise price of
.22 for a period of two years. First Canadian will assist the Company in opening productive dialogue with private investors, analysts, brokers, money managers and other financial professionals. First Canadian will generate market awareness among the investment community as Rochester continues to ramp up gold and silver production "

I am not sure what is happening but there seems to be little effort to keep shareholders informed.  I know my efforts to get information  have been frustrating.  Silver continues to rise but RCT continues to sink lower.    There was a recent shareholder meeting in Vancouver but  little information from the meeting. The RCT website has been "under-construction" for months and their email address doesn't work.  From my perspective the RCT and First Canadian Capital relationship is not working.  If someone has had a more positive experience please share it.


Bullboard Posts