glencore: ytc = next csa ?

For quite a while, YTC has been claiming that its Hera-Nymagee project has the potential to become the next CSA.

Now we have prove that Glencore, CSA's owner, considers this likely, too: Despite being busy with their little merger project, they took the time to go ahead and buy 6,5% of YTC.

http://www.ytcresources.com/i/documents/5/8/Notice%20of%20Initial%20Substantial%20Holder.pdf

Interesting times ahead ...

P.S. As it happens, YTC just announced positive drill results from Nymagee North, adding to the potential ...