All due respect I think we are in a new world now.....
As an Exploration company the SP did great as long as China was growing at 8% and we were drilling good holes.
Growth in China slowed, commodity prices went down, liquidity dried up.....YTC's stock price followed most other non revenue producing companies to 70-80% loss in value. A lot of those companies deserved it and have proceeded to go down 90-99%. YTC did not deserve to be part of that group.
This company has what 99% of those other companies don't
1) Great management 2) Great dirt 3) $$$$ to make it happen
We have reached the tipping point for this company.........HERA is being built and will be a very profitable mine. The closer we get to production (on budget and on time) the SP will react..... I think it will react violently a few times along the way too.....starting with the assays on Nymagee and then when the market realizes that not only is HERA gonna be producing but it's gonna be a very low cost one.
For now I am looking forward to the visuals on the new drill hole.
YTC Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Held