YTC 0.00% 23.0¢ ytc resources limited

sp at .30 - prediction, page-22

  1. 1,239 Posts.
    @itinerant
    No reliable numbers - we'll need the Nymagee DFS first.

    But looking at the SP / sharecount of other well run gold/copper comps, I think $3 is quite doable with two working mines (Hera/Nymagee plus upsides from Nymagee deeps, Federation and the potential CoCu - find) and more intersting prospects that can be drilled til then ...

    Even more possible upside if the world economy recovers and copper prices go above $ 4 again ... Hey, we'd been up to 0,80 on mere drill results, back when copper was trading at $5 ...

    @per

    Interesting read. But.
    - I don't see where they said Cobar declined except for short term issues
    - Glencore is mostly a trading house. Of course, they mine, too, to get the metals. But if they can get them without having to mine themselves, as our deal will allow them, I don't think they'll see the need to get their hands dirty ... And it seems to me that the part you cited didn't even mention YTC - so it's not that big a deal to them ...
 
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