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.

TSXV:RCT - Post by User

Rochester Resources Ltd

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Comment by emgib1on Feb 01, 2013 9:16am

139 Views

Post# 20923068

RE: Operations value $19.7 mil / Market cap $7.5 m

Thanks again denj681 for your posts as an actual shareholder. The value of the property keeps increasing doesn't it?

Property, Plant and Equipment increase 2 million dollars (approximate) from 17.9 million in the last quarter

Hard assets alone (carrying value) vs. the market cap even if you forget it is an operational gold silver operation (end of November 30 st 2012)

PROPERTY, PLANT AND EQUIPMENT

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

Balance, Aug,31 2012	9,695,970	2,692,313	4,487,178	2,845,013	26,046	38,163	19,784,683