Western Areas, is IMO, the best nickel play around. CDU is the best Copper explorer around.
I think the boat has left on both stocks.
If you look at Kitco at the Nickel stocks and copper stocks and then where the prices of the commodities are, I think that when the hedge funds move out, the prices of both commodities will drop like a tonne of bricks. CDU and WSA will fall as well. (as will all Resource stocks.) That would be the time to buy.
(The above is based on fundamental analysis, not Technical)
HT1
OZL Price at posting:
$12.55 Sentiment: Hold Disclosure: Held
