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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
Post by trendisafriendon Jul 14, 2011 11:58am
160 Views
Post# 18831214

This one actually has a lot of silver as well.

This one actually has a lot of silver as well.At least in terms of their production profile. I believe about 60 percent of revenues would likely come from the silver output of the company. Its very nice in my opinion, as silver should be the number one metal over the next year to 18 months. Prices should expand for the metal, driving up our potential cashflows here.
Bullboard Posts