cobalt, page-9

re 1)
Well, on page 7 they say "very high grade cobalt (to 1.5% Co)" - and for YTC that's pretty strong language as you rightly point out.

re 2)
I think they have recently been systematically checking out one gravity high after the other by eyeball and found interesting stuff on the surface of two of them (cobalt find, Federation prospect). I'm hopefull that even more will turn up, even though ZEUS seems to have been a dud so far (but maybe we just need to drill deeper there ... )
What's really exiting is that the Glencore deal will allow us to aggressively pursue all these options at the same time as moving on with Hera and Nymagee. Things might move really quickly in 2013 ...

re 3)
Agreed. What makes it particularly exiting imO is the possibility of it being part of just one big CSA-sized deposit (with Nymagee, Nymagee nord and the cobalt find as its main lenses). Now if these resources do also go down to 1000-1500 m - SP to da moon ??

re 4)
Yep.