Site visit report now up on YTC's homepage:
http://www.ytcresources.com/public/documents/4/11/110713%20YTC%20Resources%20(YTC)%20-%20Site%20Visit.pdf
Sounds really good. DFS due for Hera within 4 weeks.
The only drawback: the basis for their calculation is long time (10y) prices of
- US$ 1000 for gold and
- US$ 2,5 for copper.
Both are ridiculously conservative, given that current spot prices a are getting close to 1600 U$ for gold and US$ 4,5 for copper ...
So if you believe in US$ 2000 for gold and US$ 5 for copper long term, you can just double their Au$ 0,76 valuation ... and even then there is still upside with more discoveries esp at Nymagee possible ...
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