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AGORACOM NEWS FLASH
Dear Agoracom Family,
I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.
As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.
To this end:
1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.
2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.
Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!
Sincerely,
George et al
Message: ROCA Targets Increased Production and New Exploration at MAX
ROK: TSX.V
VANCOUVER, Nov. 25 /PRNewswire-FirstCall/ - Roca Mines Inc. (ROK: TSX-V) ("Roca" or "the Company") announces that it intends to add to the mine life and long-term value of the MAX Molybdenum Mine through graduated expansion of the operation and systematic exploration to test newly developed drill targets.
The Company continues to move toward its planned 1,000 tonnes per day (tpd) production expansion to extend the mine life significantly. An exploration program has been developed to test high-grade priority targets that were recently identified close to existing mine development and for larger-scale porphyry targets below MAX, evidence for which continues to be evaluated and tested.
The Company remains highly leveraged to the price of molybdenum. Continuous operations have been maintained at MAX such that the Company can readily benefit from anticipated near-term improvement in price. Operating cash flows have been used to improve infrastructure in the mine, mill and tailings facilities, while the Company has remained debt-free. Cash costs of production for the nine months ended May 31, 2009 were US$5.87 per pound of molybdenum. Financial results for the year ended August 31, 2009 are being prepared and will be reported on shortly.
more at:
http://www.prnewswire.com/news-releases/roca-targets-increased-production-and-new-exploration-at-max-74096142.html
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