WSA western areas limited

Jimbo "Ride the snake - to the lake". Punters are nervous....

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    Jimbo
    "Ride the snake - to the lake".
    Punters are nervous. Subdued buying is the order of the day. I have been buying in but seeing the POPE as soon as suitable profit has been available. Right now I am a long term holder (holding more than one day).
    While nickel is greater than $AU15,000/t, WSA is a massive BUY for any price under $2.00. Long term deals with SGQ and KDR also enhance WSA future income.
    Picking the bottom is just a case of picking how bad the bad sentiment will get and how long the Chinese Nickel bluff will bluff the nickel buyers.
    RED
 
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