YTC 0.00% 23.0¢ ytc resources limited

Hartleys agreeThey have just put an 81 - 89 cents price target...

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  1. 148 Posts.
    Hartleys agree

    They have just put an 81 - 89 cents price target based on current drilling results.

    I have to say I am rather amused and bemused as to why investors would actually be selling. The old adage - buy on rumour and sell on fact - is a ridiculous investment strategy when the "fact" turns out to be as good as the YTC results.

    Again, it is the western preoccupation with the "short-term" that drives a lot of investors decisions and while I think such straetgies may be appropriate for pure speculative plays, the YTC story is a long way from that and has plenty of upside from here IMHO.
 
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