1) YTC are obviously excited about the discovery otherwise why bother announcing it. They have a history of being cautious, accurate and don't appear to use effervescent wording such as Bonanza unless they can back it up. 2) Probably was an off the radar chance discovery. 3) They probably can't say much more until after drilling spec holes or whatever they do to decide whether or not the discovery will amount to anything. 4) Given their traditionally careful, understated previous announcements, I suspect there will be more patient good news regarding cobalt and YTC.
Just my own thoughts.
YTC Price at posting:
32.0¢ Sentiment: ST Buy Disclosure: Held
