STTCOMP WFE, FA Short Winmar Resources SP - .021 SOI - 2.6...

STTCOMP WFE, FA Short

Winmar Resources

SP - .021
SOI - 2.6 Billion
Cash - $3m after raise
Mcap fully diluted - $55 million
EV - $52 million

Outrageously overvalued at the moment. The company holds nothing but some cobalt leases that they paid $100K for recently. Holders are banking on a Brewer and Langford dream team to pull off an amazing DRC cobalt acquisition at the moment. The stock threads contain a lot of ramping. This thing is basically a $52 million dollar shell. Surely the top is not far away. I'm thinking this is going to be a 'sell the news' situation when the acquisition ann is released.