STTCOMP WFE, FA Long
First FA tip so take it with a grain of salt.
Reason for tipping summarised:
- Hot sector with Cobalt Spot smashing upto $75,000
- Cheapest Vend I've seen
- Has the size and location
- Jason Brewer play and hes been incredibly diligent on 4CE VEC CFE...all which were multibaggers. Hes done more than 2project acquisitions on each of them (VEC has shown intention for a second). WFE should have a second vend too
- Given XEC is at its high, cobalt spot at its high, makes little sense why this has been the cheapest vend. MEI has been second cheapest acquisition one that had the size, location, and crazy grades - that was held down on its acquisition from how low the XEC was, at its lowest pretty much where market was most wary.
- Metals Tech, Canyon Copper, First Cobalt, Battery Minerals, Green Swan Capital, Hinterland Resources, Castle Silver Resources all have taken up land in the same town Gowganda in the last 9months...surely their is something special there.
Where does WFE lack? Perhaps the grades but shouldn't warrant why its trading almost half of all the cobalt vends.