The turmoil in the financial markets has investors looking for cover in the commodities market. Gold and all metals are up. This is good news for producing mines. For non-producing mines they are not seeing the upside because the assets are not proved and with finance becoming more expensive many junior will find it difficult to get cash. Hence the movement for juniors is relatively low.

The bright spot for Yankee Hat is the alliance with JOGMEC and funding from them to continue. This is a real strategic alliance and ensures future for yankee hat. It is no surprise that big banks are now taking positions in KHT. This company is assured of future through its business model and assets.