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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

Post by POG1200on May 20, 2024 3:20am
221 Views
Post# 36048394

Costs

CostsThey should dig where their headquarters are.  There are deposits everywhere on their property. That's why they are operating without a proper feasibility study. Costs @ 2500 to over 4000 per ounce...? What is being done to lower costs? All kinds of mill breakdowns, and their new truck to haul...? PM prices are going up. This company should be making money. I hope they do better than they have. It's pretty sad they can't do better than they are. What a disappointment they can't lower their costs. Pretty bad - not a good job...

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