Nickel prices are forecast to fall to $8.20 or so by the end of 2013 but WSA is pretty cheap. Buy now or wait 12 months? BHP is also cheap at circa $35 but I won't pay more than $33. As for WSA, I think I might start accumulating in 6-9 months or so. That'll allow enough time to iron out nickel a bit, so to speak, and for them to rejig operations but there is no doubt that WSA is the sole nickel play.
KZL Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
