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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
Comment by RCTon May 28, 2013 8:01pm
125 Views
Post# 21452351

RE: Rochester is a producer not an explorer

RE: Rochester is a producer not an explorer

terryow wrote...  the typical Stockhouse moron thinks that there are explorers with no, cash, no revenue, no production trading higher that are worth more than a producer...

 

Why are you calling Curvature a typical Stockhouse moron. I have actually learned a lot from reading Curvature's posts and he doesn't seem to have a history of spamming stocks on other boards and shamelessly creating numerous id's while talking back and forth with himself...

And don't forget that there are explorers that actually have NI 43-101's. Don't forget that Rochester started out with a story of a property that was producing 10 gpt of gold. You could see why the stock with around 30 million shares outstanding was trading at dollars per share. But now they are producing 1 gpt gold and trading at 2 cents. They always had a lot of multiple high grade veins on their properties. It's just from my experience of following this company that most of the veins are narrow. They have run short of mill feed in the past and that probably explains why they decided not to operate at 300tpd for all these years.

Bullboard Posts