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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 Oct 19, 2013 1:02pm
144 Views
Post# 21830401

RE:Many of us are now bidding and buying

RE:Many of us are now bidding and buyingPeace be unto you my friend walnor22. Don't look at me as your enemy, look at me as your friend.  I want to be the first to congratulate you, if you make any money on Rochester Resources. I have not encouraged anyone to sell their Rochester Resources shares. I don't believe my posts have had any effect on the price of this stock. My posts on Stockhouse is a counter strike to all the pumping on the bullboards. It's just a matter of bringing much needed balance. Also, no need to mock Curvature and call him names. Mud slinging is for politicians and schoolyard bullies.

You do seem a little agitated today walnor22. I hope you did not break the rule of not to invest more money than you can afford to lose. It seems that you are going high risk for a potential high return. And if you did invest around a million shares, I doubt you can afford to lose that type of cash.

You should not compare explorers to producers. Explorers are looking to find a discovery and build an economic resource. Producers are expected to mine an economic resource for a profit. If they can't make a profit they should stop mining and leave the resource in the ground. You seem happy that Rochester is producing over 80 thousand ounces of silver and some gold. I would not be happy if I was a shareholder. Rochester is pulling gold and silver out of the ground for a loss. We don't know how much gold and silver is in the ground but you might as well start subtracting 80 000 from the total every quarter. Shareholders should not want their precious metals being mined unless there was a profit.

Bullboard Posts

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