Sitting at 2c WFE has a MC of $52.5m. WFE currently has one project in Canada that it paid $100,000 for and a bunch of frenzied punters chomping at the bit to buy the hype...
Meanwhile, over at VEC with a SP of 2.5c has a MC of $34.68m with a number of gold projects with proven resources, some advanced projects and a bunch of equipment on the ground worth 2x the MC...
I guess we must all believe WFE isn't overvalued then, seeing as Mutley says so...
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