WSA western areas limited

what can stop this stock, page-27

  1. 14,192 Posts.
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    Jojo,

    I took a small stake, in just above $5. Everytime I look to buy more it runs ahead of me and I wait in vain for a retrace (or have no free funds).

    I am very impressed with todays announcement. Had I not been out since before the announcement I certainly would have bought a few more promptly.

    Today was a bullish day in metals anyway, so I am now hoping for a collapse in the pon tonight, LOL, so I can get some back in the mid 6's.

    Another one I've let get away on me, which I agreed with you on was AGO, but very glad I passed on TMR. WSA may be the next LIM or JBM, but alas it has (and will continue to have) a fraction of the weighting in my portfolio.

    Unfortunately this year I have taken too small a position on my winners, eg WSA, MAK(which I am now out of), and too much of my funds in moderate/poor performers. Still in the red on a couple of decisions, LOL. Flogging a couple of very promising dead oilers in particular, and lost steam on two great plays (BHP and OXR) through being on the wrong side of merger proposals, yes there is a flip side to the LIM and JBM offers, LOL!

    Ah, for another nickel rush, or csm rush. The next rush will surely be coal, but I have ethical reasons not to join, except in so much as BHP includes coal.

    So what others are your favs atm Jojo?

    EL

 
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