Buy the sizzle, sell the sausage...., page-29

1. VRC doing exactly what mns did at the same point in life cycle. We know the result is success and SP rise. The release of a PFS is not a guarantee of future success of the company.

2. A PFS has never dropped a share price in graphite space where the SP was stable like in the case of VRC. Unlike SYR or MNS etc the SP was already at elevated unsubstantiated prices by the time PFS was released. VRC MC $70 mill is hardly an overstatement of a billion plus NPV.
MNS MC on the 23rd December 2014 just prior to the PFS release was $55M
VRC MC as of close on Friday 11th December is $66M

They don't know how to Compare situations imo
You obviously didn't do your homework before posting the above? VRC and MNS are roughly in the same position as each other just prior to the PFS. VRC is valued slightly higher.