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Rochester Resources Ltd V.RCT

Alternate Symbol(s):  RCTFF

Rochester Resources Ltd. is a Canada-based junior natural resource company engaged in the exploration and development of the Mina Real and San Francisco Projects located in Mexico. The Company holds 100% undivided interests in the Mina Real and San Francisco Properties. The Company holds a 100% interest in Mina Real, which holds the Mina Real and San Francisco gold and silver properties located in the state of Nayarit, Mexico, east of the state capital city of Tepic. The Mina Real Property consists of about 11 mining concessions and one mineral claim encompassing a total area of 21,367.42 hectares (ha). The San Francisco Property consists of about 12 mining concessions encompassing 18,125.05 ha. The terrain on the properties is rugged and steep with deeply incised valleys. Elevations range from 800 to 1,600 meters above sea level. 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 kentreon Sep 01, 2011 2:31pm
245 Views
Post# 19003720

RE: RE: RCT has mill and production, others just h

RE: RE: RCT has mill and production, others just h

You bought on no communications no? They have been doing it this way long before you bought no? Nothing has changed, I’m sure you did your dd as most did. If you see a red flag then sell and be gone instead of your usual antics. I do agree with the regular updates but I believe they do not want to trigger those warrants and eliminate 82 mil shares from their books which is great for us new (er) shareholders, but you know all this.

 

They must be generating good money currently selling their Au at $1700+ and Ag at $39, which is a large increase from the last report ($1250 + $1080), which we won’t see until later reports. Of course there is uncertainty in all stocks aren’t there, but we are here for leverage no? Instead of you’re usual games provide us with another stock at .04 and producing gold/silver otherwise sell and be gone. I am hoping to pick more up in the near future as I previously unboxed some one telling them that. Share with us your pick.       

 

 

But the lack of communication by the management is a red flag. Either they are
not doing as good as we think they are doing; or, they don't respect the shareholders
enough to provide regular updates. Their public dealing and communication with
the shareholder is the bare minimum legally required postings on sedar.

I am not advocating aggressive promotion, I am just looking for periodical operational
updates.

Bullboard Posts