YTC 0.00% 23.0¢ ytc resources limited

Ann: Hera - Nymagee Project Update , page-6

  1. 7,302 Posts.
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    I have a view that YTC is worth a lot more on basis of proven metal resources & reserves - financing in place - agreements with Glencore - construction phase underway towards production.
    I do not think the beaten down YTC share price should be seen as hostage to this or that new drill hole - or downhole geophysics anomaly - or whatever set of pending assays. If those things come good then they ADD to value - but if they do not, then they should not detract from proven metal resources & reserves.
    Yes I know the market likes to hear about discoveries.
    BTW - Is this the same YT which owns a stake in YTC ?
    http://www.bloomberg.com/news/2013-10-09/yunnan-tin-chairman-arrested-in-bribery-probe-state-media-says.html
 
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