A point that is being missed is that even though each hole that doesnt 'hit the conductor' is considered a miss, it actually reveals viatl structural infromation of what is there. At a later point YTC will have to build up a geological model to specify a resource. This is when they go back to those holes and interpret exactly how the various layers lie. As such whilst time and money is being spent on these holes it is money well spent. Whilst at this stage we are generally saying the thing has parallels to CSA we have to know exactly what looks like. While having a good deal of reason to do so, I found it a little to positive for Rimas to say we think we underatand how to interpret the TEM to find the ore.
What they've done is highly praise worthy but need to keep refining the method. having the guys from Glencore/CSA in board helps.
YTC Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held
