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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 denj681on Feb 10, 2012 1:25pm
192 Views
Post# 19516849

Last news release Dec 05 2011

Last news release Dec 05 2011

 It is on SEDAR but they never paid the $1,000 bucks or so to put it on a newswire. Of course the filings are up to date (Jan 25 2012) I totally agree with you though on this company does not promote which leads me and others here that they plan to self sustain cash wise through production for now. And since they just turned their first profit without the ball mill or the additional mill feed from San Francisco and the upgraded power grid they are looking to improve on that.

In my opinion I think Luna wants to finish his career with RCT (as CEO) as his previous companies were bought out. Luisman (CEO) by Wheaton River (became a director) Wheaton River by Goldcorp.

It would be nice to get some promotion but it is a great time to buy leverage, especially if you believe in $2k gold.

Bullboard Posts