BACKERS of emerging miner YTC Resources are waiting with optimism for the first week of November when drilling is expected to reach a promising exploration target at Nymagee North in New South Wales
Also on ytc's website now in case anybody missed it: Hartleys report http://www.ytcresources.com/public/documents/5/11/YTC% 2020131018%20External.pdf
Commented on in: http://www.ytcresources.com/public/documents/5/12/HighGrade%20-%20Drilling%20deeper%20for%20the%20news.pdf Important there: " “Nymagee is expected to be added sometime in 2015 which, being a ‘capital-lite’ development, substantially shortens the payback period,” Kairaitis said. “Just how much of a difference will be finalised in the Nymagee feasibility.” "
Minelife on irrationality of markets and ytc: http://www.ytcresources.com/public/documents/5/12/YTC%20covered%20in%20Mine%20Life%20Weekly%20Report.pdf
Go read it all. You might feel exhausted but much better anyway ... - unless you are short ... :-)
YTC Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held