WSA 0.00% $3.86 western areas limited

another great announcement from the quoll, page-4

  1. 9,502 Posts.
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    Hi Elzyphyrus,

    They keep on adding to their resource so I think they will be producing Ni at 30 kt per annum for many years if they choose to do so.

    WSA is in an excellent position to make bucket loads of money once the markets are turning and the Ni price starts to go up again.

    But you need patient with a medium to longterm investing horizon to make some real returns out of this company.

    I do not see that happen within the next 6 months due to the high LME stocks and the weak world economy.

    But as always you buy in doom and make heaps of money once all comes good again.

    I think that WSA has the credentials to be one of those companies that will outlive the current downturn and give you some extradordinary returns in the next two or three years.

    Good luck and do your own research.

    jojo
 
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