I wasn't aware YTC had a silver focus, thought it was mostly a NSW gold-tin story. They didn't seem to have much luck at Kadungle (smoke no fire) or Tallebung (bulk tin-tungsten-silver but no good at <=US$15k/t for tin). I think they've done well to pick up Hera, and relatively cheaply.
Why would the Chinese mind? They like gold and base metals as much as anyone else, and I'm sure they'd like to recoup some of that A$1/share they tipped in a while back.
The management has always seemed diligent to me, if a little quiet. This new project seems to have some exploration potential, here's hoping they can make a good go of it.
YTC Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held