Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 POG1200on Sep 27, 2013 6:42pm
117 Views
Post# 21774612

RE:RE:denj

RE:RE:denjThere were times when roads would wash out and as a result production numbers would fall.  I think the best thing you can say for RCT is that its production has been consistent for several years running, quarter, after quarter, after quarter the production numbers have been in the ballpark.  Lots of mining operations have issues that create a production rollercoaster, but RCT has avoided that, no strikes, accidents, environmental shut-downs, equipment failures, there are so many holes an operation can fall victim too.  Maybe RCT's size reduces the chances for some of those crippling events, and maybe those issues will plague RCT in the future, but RCT's recent history of production, although very small, is impressively solid.
 
RCT knows better where its resources are, has expanded its resources.  It's a good time for the new ball mill to come on line.  I'd love it if it really were up and running by the end of October.  More throughput will solve the capital problem.  
 
I'm still liking RCT.  Maybe after the mill expansion is complete EL comes up with a letter to the shareholders.  We'll see...
 
GLTA RCT longs.
Bullboard Posts