xstrata now winning, page-9

Jojo,

I do believe there will be another time for me to go into nickel big...but I will wait until it's a no brainer again. What still bothers me with WSA is that their best deposits are at great depth, and they share the best of the best with KZL.

Will keep a close watch on MCR, WSA, MBN and ALB, plus of course my longterm IGO. Will also keep half an eye on SMY, AGM etc. Perhaps even HRR. I will need to do a week or more homework on the relative merits.

Very happy to look at a very heathy looking margin loan this morning, with half my JBM shown as gone. Will be happy to take my eye off the ball for a couple of weeks over Xmass in a very lowly leveraged state.

EL