Also with the 100 percent ownership of San Francisco now with increasing production there this makes Rochester with 3 mines (fourth producing historically produced ore) of developing multi level production. Those new induction furnaces at Mina Real are going to be kept very busy. Now that they are hooking up to an electrical grid there, they also have the opportunity to build a second production center with dore bar production without having the need to ship the ore east to Mina Real. The CEO though has not hinted at that yet, but that would be a logical next step.
On SEDAR: In October 2012 the Company exercised its option to acquire a 100% interest of the San Francisco Property by paying US $1,500,000. And San Francisco has been contributing mill feed for several quarters now
"Just these property acquisitions alone almost match the market cap. Now who said the out houses alone on these properties is worth moth than the market cap? Not pumping here as I feel my recent 400k shares ($8k but look at the leverage) in purchases recently is secure here. I'll look at any other stocks you have which is of better value. Anyone have a better stock than Rochester?"