Rochester Resources Ltd V.RCT

Alternate Symbol(s): RCTFF

Metals & Mining Industrial Metals & Minerals

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

Rochester Resources Ltd

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Post by hellenmon Jan 30, 2014 11:37am

92 Views

Post# 22153188

There are explorers with only costs trading higher .06 - .80

Many explorers with zero revenue and all costs with only drill holes to show trading way higher with no hope of production. Some also have double to triple share floats. And they need constant financing. Rochester has production revenue to the tune of $12 million per year with actual mining operations.

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