re: News: YTC Resources, research note releas... The 13th of...

re: News: YTC Resources, research note releas... The 13th of October 2010 Hartley wrote:
We have removed our previous 57cps valuation due to the likely major changes pending in the expanded DFS, however, we expect these to add value, rather than detract.
Now the write:
We are currently refining our valuation and price target for the Company to incorporate a production plan for Nymagee which we will publish in the near future. We continue to recommend YTC Resources Limited as a Buy.

I guess a possible re-valuation should end at a price target in every case above 57 cents. Would not be surprised to see a SP above 50 cents within the next 2 weeks.