tightly held, perhaps. but that doesn't account for the ultra-low volumes in my opinion. the issue is that, for whatever reason, there is very low buying demand. there's 400K shares available at 25c or less but no-one is buying.
the share price can only rise when demand exceeds supply at the market price. we're just not seeing that demand and i don't know why. General sentiment towards gold stocks has improved recently but that doesn't seem to have brought in buyers for YTC.
Given the current low SP I'm planning to hold until well after HERA production is underway so I'm not too bothered by the current SP but I am surprised by the serious lack of buyer interest (and HC interest for that matter!).
YTC Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held
