Selling is Irrational
WEF is the cheapest lumber producer with a p/e of just 3.4x earnings with increasing revenue in a market with historically elevated prices.
Why would anyone want to sell out of panic. It is like throwing the baby out with the bath water.
Irrespective of the general market sell off is WEF will continue profitabiity and as soon as the panic reverses it will be sound resource companies like WEF that will quickly rebound and set new highs.