YTC 0.00% 23.0¢ ytc resources limited

fp still bullish, page-8

  1. 103 Posts.
    Share price of YTC is depending not only on ASX index (influenced by EU problems AND recession fear) but also Copper price. Copper price at 3.7 US/lb corresponds share price of YTC around 0.5 AUD at the moment. If copper price goes above 4US/lb then we will see 0.6 AUD share price, but really i doubt Copper can make previous highs so i think YTC will be traded in region 0.4-0.5 all this year except there is very good news flow from YTC. That is good for traders. You buy lets say @0.44 and sell @0.49. I did it already for the third time with 10% profit every time.
 
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