can Ni go below $4.00/lb?, page-25

Nickel price is trying to find a bottom range. WSA trades around that with about a 20c range. The book value of the stock is a great deal higher and the stock is cheap. It reminds me of Western Mining at approx $3. The analysts and general public said it was worth around what it was trading and within 4 months it was bought by BHP for approx $8 per share. What would happen if someone bid for WSA at $3? You would hear the yells from around the world of how it was worth closer to $4 on a bad day. Right now, you can buy this company for a lot less than its moving parts and the Wellington fund has stepped in (again) and bought cheap stock. That is the opportunity imo. dyor