Rochester Resources Ltd V.RCT

Alternate Symbol(s): RCTFF

Metals & Mining Industrial Metals & Minerals

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.

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Rochester Resources Ltd

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Comment by denj681on Oct 02, 2012 4:00am

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Post# 20436262

Property,Plant ,Equipment worth $17,451,930

Hard assets alone (carrying value) vs. the market cap even if you forget it is an operational gold silver operation (end of May 31 2012)

PROPERTY, PLANT AND EQUIPMENT

				Mill and
Carrying Value:	Mineral			Mine	Office	Vehicles	Total
	Property	Land	Buildings	Equipment	Equipment	$	$
	$	$	$	$	$

Balance, May 31, 2012	8,387,378	2,691,998	3,315,592	2,981,199	22,849	52,914	17,451,930