RCT.V produces 140k Ag, 1,561 oz Au Q1,Q2 Rochester is a producer with four mines (fourth ramping up. The CEO whose company (Luisman) was swallowed by Wheaton River (became a director) then bought by Goldcorp (Then he took the role of Executive Vice President of Goldcorp from March 2005 to September 2007) resides near the Mexican operation. Institutionally held by Sprott, Mackenzie, U.S Global, Libra Funds, TD and a couple of others bought at higher prices. Increased to three mine locations providing mill feed. ALONE property plant and equipment ($19 mil) worth 4 times more than the market cap ($2.1 mil). Dore bar induction furnaces to be installed at one of the three mine sites. Rochester will also produce more than ¼ million ounces of silver this fiscal year.
Fiscal 2013 | Fiscal 2012 | Fiscal 2011 |
Three Month Periods Ending | Nov 30/12 $ | Aug 31/12 $ | May 31/12 $ | Feb 29/12 $ | Nov 30/11 $ | Aug 31/11 $ | May 31/11 $ | Feb 28/11 $ | |
Operations: |
Revenues | 3,260,806 | 3,133,422 | 3,334,965 | 3,240,926 | 2,869,242 | 2,189,572 | 2,413,413 | 2,519,254 | |
Cost of ales | (2,128,328) | (2,438,057) | (1,454,262) | (2,086,678) | (1,576,911) | (1,796,118) | (1,533,938) | (1,656,422) | |
RESULTS | Q1 (Jun. 2012 - Aug. 2012) | Q2 (Sep. 2012 -Nov. 2012) | Accumulated (Q1 and ,Q2, 2012) |
Tonnes Processed | 17,390 Tonnes | 17,009 Tonnes | 34,399 Tonnes |
Gold Grade | 1.81 g/t | 1.25 g/t | 1.53 g/t |
Silver Grade | 214.32 g/t | 216.86 g/t | 215.58 g/t |
Gold Recovery | 92.85 % | 90.76 % | 92.01 % |
Silver Recovery | 57.66 % | 60.34 % | 58.99 % |
Gold Produced | 941 Ounces | 620 Ounces | 1,561 Ounces |
*Gold Sold | 926.866 Ounces | 610.236 Ounces | 1,537.101 Ounces |
Silver Produced | 69,097 Ounces | 71,554 Ounces | 140,652 Ounces |
*Silver Sold | 67,024.24 Ounces | 69,407.840 Ounces | 136,432.078 Ounces |
Gold Equivalent Produced | 2,148 Ounces | 1,986 Ounces | 4,134 Ounces |
Developed Meters | 1,295 Meters | 1,467 Meters | 2,762 Meters |
Samples Taken | 8,380 Samples | 9,092 Samples | 17,472 Samples |