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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