You are thinking once again the way I think. WSA will come eventually stronger out of this, with the whole of the Forestania Ni going their way at a good price.
The downturn could well give us a much stronger company and if you can effort to park some of your money for a few years it could be a real worthwile investment.
Ofcourse we need the Ni prices to turn but like Mr Moore from MCR said in its presentation today, if the Ni price is high then Ni miners can make a real fortune.
Those times will come back and we both have experienced this tremendous upside in returns if is does happen.
With China and India not going away in the future and Ni miners closing mines and laying of workers in ever higher numbers the writing is on the wall.
But we need patience.
jojo
WSA Price at posting:
$2.91 Sentiment: LT Buy Disclosure: Held