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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 Feb 27, 2013 4:45am
307 Views
Post# 21047046

Operations value $19.7 mil / Market cap $6.8 mil

Operations value $19.7 mil / Market cap $6.8 mil

These idiot(S) are looking very desperate indeed, but don't pick on the mentally challenged. Creating new ids just to bash on a stock they don't own requires desperation. I feel sorry for them, just another idiot on Stockhouse. No downside here on the best for leverage under a dime stock out there. Just check out the asset worth vs. the market cap.    

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

 

Market Cap:

Market Cap:

6,822,989

February 27, 2013


 

Bullboard Posts