YTC 0.00% 23.0¢ ytc resources limited

i thought it was pretty bizarre although admittedly i am only...

  1. 79 Posts.
    i thought it was pretty bizarre although admittedly i am only going by the powerpoint presentation...

    whilst technically, it was good to see all their results catalogued and some comparisons done to quality producing mines i thought it failed to address the key issue of capital & cashflow...

    YTC is rapidly running out of cash... yet there was no mention of this at all? They mentioned they have the support of Yunnan Tin Group, but are we simply going to depend on them every time to ensure our survival? Seems a reasonably risky ploy and handing a lot of power to them.

    also why did they mention that they will be looking at pursuing quality acquisitions? are they insane? how many more projects do they need? totally irresponsible... just focus on getting one project through to commercialization and properly address your funding issues before making these kinds of statements...
 
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