WSA 0.00% $3.86 western areas limited

finance fails re worlds biggest nickel mine, page-13

  1. 534 Posts.
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    I've got to do a bit more reading on them but why do you think it won't go back down in the short term?

    Nickel stock piles at highest level ever. Steel production dropping. Recession on the way. Etc, etc.

    I'm not down ramping and know high cost mines will close but there is still a lot of bad news to come and the bulk resources are yet to cop a hiding. Iron ore and coal will contract prices will drop big time. I think they could get caught up in the wave. Maybe totally wrong hence my question as to why you think so positively.

    Waiting to buy still.
 
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