Just that payment $1.5 mil alone almost matches the market capGood points Avclair. Rochester not only progressed since 600 -800 gold in 2007 it raised 12 million after the 2007/2008 crash in 2009
Current market cap is $2 mil. Nevermind the four mines nor it's current production of 300k oz ag this year along with the gold. Just demonstrates the lunacy of the current markets doesn't it? That will change though as scrap gold dries up and the majors cut production and costs. Gold has a history of doing that. As tootall pointed out inflation was a key component for a rapid price increase in the pog way back, and inflation is on the rise again with the increasing interest rates for mortgages.
