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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 fdjens1on Feb 24, 2014 2:21pm
100 Views
Post# 22243907

RE:I Spoke to one of the Directors

RE:I Spoke to one of the DirectorsLook around there is one company NI 43-101 compliant with 8 million proven ounces gold and 1.42 billion pounds of copper and a complete mining operation trading under a dime. NI 43 101 companies get zero respect these days. And explorers (some with NI43-101's with no revenue are being delisted for lack of funds. Rochester raised 12 million AFTER the crash and built a mining operation instead, and since then built to 5 mine locations from 1 in the "olden days".

They have helped build all the infrustructure needed like building roads which takes captial. explorers can't do that. Rochester will generate close to $13 million gross revenue dollars this year, while explorers will disappear. 


  
Bullboard Posts