re: Ann: Nymagee and Hera - Evolving into a W...
Going strong today!
Here's some more good news:
YTC Resources (YTC)
Analyst: Fat Prophets
Recommendation: Buy
Thursday?s close: 72c
Reason: Is Hera world class? You bet
Comments: YTC is steadily moving toward production at its Hera gold-copper and base metals project in the Cobar Basin northwest of Parkes in New South Wales. Since Fat Prophets started following the developing YTC Resources story the discovery of the high grade copper deposit at Hera has propelled shareholder value, with potentially more to come. The Nymagee deposit (YTC interest 90%) is evolving into a major Australian copper discovery, analogous to the world-class CSA copper mine owned by Glencore just northwest of the Hera project also in the Cobar basin. The CSA mine has produced 1.5 million tonnes of copper to date.
Looking good!
YTC Price at posting:
77.0¢ Sentiment: ST Buy Disclosure: Held