RE:RE:RCT penny gamblingI'm shocked ramblersrest,
I honestly don't remember writing that Rochester was going to .005. If you can find the post where I wrote that, just inbox me the link so I can see what I said. I tried to find that post but I can't seem to find it.
I was absolutely expecting lower revenue and higher costs. I was very suprised to see the higher grade gold ore. No doubt about it,Rochester has reduced their loses mining higher grades but the company has not told investors how long they expect the higher grade ore to feed the mill. They used to mine a lot higher grade than 3 g/t but eventually ran out of high grade mill feed.
Gold has been in a two year bear market, so why would Rochester go a lot higher now? Rochester has not drilled for years. How much gold and silver do they have? Have they ever produced over 10k gold equivalent in a year?
Sorry deepfried1, I can't seem to be able to reply to your message. Stockhouse says Recipient doesn't exist.