YTC 0.00% 23.0¢ ytc resources limited

YTC ?Management appears to be very capable.On time.On...

  1. 572 Posts.
    YTC ?
    Management appears to be very capable.
    On time.
    On Budget.
    Funding adequate.

    Providing commissioning of plant has no serious glitches, no floods, no unfortunate extraneous circumstances all should be sound.

    HOWEVER
    Resource companies - especially small ones - are not flavour of the month.
    Silver/gold on a long term downtrend.
    Silver may way settle down to $15 and bounce around at that level and this could be indicative of other metals.
    Investors - speculators are holding off - share prices are "dull" and generally declining.

    YTC needs to be profitable as circumstances toughen up.

    Holders need to be patient.

    Share price action will be dull until profits are actual - some time away.

    Eventually resources - especially small companies - will be declared undervalued - price of minerals (silver, copper) will start surging and YTC will be very rewarding.

    Don't hold your breath on this one.

    Put in a draw and enjoy life.

    Cheers

    Vidi
 
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Currently unlisted public company.

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