rocmec mining inc (RMI:Venture)
rocmec mining inc (RMI) Snapshot
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Open
C$0.05
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Previous Close
C$0.05
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Day High
C$0.05
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Day Low
C$0.05
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52 Week High
11/12/12 - C$0.20
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52 Week Low
04/2/13 - C$0.03
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Market Cap
2.4M
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Average Volume 10 Days
22.9K
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EPS TTM
--
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Shares Outstanding
47.7M
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EX-Date
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P/E TM
--
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Dividend
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Dividend Yield
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Related News
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No Related Businessweek News Foundrocmec mining inc (RMI) Details
Rocmec Mining Inc., an exploration stage company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada and Peru. It holds an 85% interest in the Denain project that consists of 23 mining claims in Denain township, Quebec; a 100% interest in the Courville-Maruska project consisting of 20 mining claims in Courville township, Quebec; and a 100% interest in Rocmec 1 project that consists of 11 mining claims in Dasserat township, Quebec. The company also holds a 50% interest in the Rey Salomon property located in Peru. Rocmec Mining Inc. was founded in 2000 and is headquartered in Vaudreuil-Dorion, Canada.
rocmec mining inc (RMI) Top Compensated Officers
rocmec mining inc (RMI) Key Developments
Rocmec Mining Inc. reported unaudited consolidated earning results for the quarter ended December 31, 2012. For the quarter, the company reported operating loss of $371,125 compared to $230,159, loss before income taxes of $458,450 compared to $480,696, net loss and comprehensive loss of $460,174 or $0.0098 per basic and diluted share compared to $480,696 or $0.0145 per basic and diluted share, cash flows from operating activities of $131,276 compared to cash out flows from operating activities of $448,125 and deferred exploration and development charges of $307,005 compared to $84,930 for the last year.
Rocmec Mining Inc. announced the results of its most recent geophysical surveys (MAG) conducted by Geodem with the participation of Bryan S. Osborne P.Geo., Qualified Person for the company. Highlights of a report to be submitted to the Ministry of Natural Resources in the coming weeks are: cross-sections of the Boucher Zone intersected by diamond drilling allow for a reasonably precise projection of the trace of the zone at surface which has been found to correlate well with the previously mapped Lake Labyrinth Fault; analysis of previous geological reports confirms that the Lake Labyrinth Fault has been recognized over a distance of 4.5 km extending across ground held by Rocmec; outcrops on the shore of Lake Labyrinth occur expose the volcanic rocks of the footwall and a gabbroic intrusion on the hanging wall but the Boucher zone itself does not outcrop; channel sampling of the footwall encountered weakly anomalous gold values up to 85ppb. The contact is well defined by Magnetic survey; the Boucher Zone can now be related to a regional structure that has received little exploration in the past that offers good potential for further exploration, both in the immediate area of the mineralised zones already identified, as well along the extensive trace of the Lake Labyrinth Fault. Following receipt of the report the company plans to perform further exploration work including PP (induced polarization) and diamond drilling focused on the Boucher Zone and possible extensions along the Lake Labyrinth Fault. Work will begin as soon as funds are secured by the company.
Rocmec Mining Inc. announced that they will report fiscal year 2012 results on Feb 25, 2013
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| Price/Earnings | NM | Not Meaningful |
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| TEV/Sales | -- | Not Meaningful |
Post a JobJobs
- Leawood, KS | RMI WorldwidePosted: May 20
- Ashland, KY | RMI InternationalPosted: May 21
- Noblesville, IN | RMIPosted: May 02
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To contact ROCMEC MINING INC, please visit www.rocmecmines.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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