Follow the Deficit, page-41

Evening RED,

Sadly, only thing to show is a loss on paper for today

… Showed it all last week.... Nickel LME down another thousand tonight I see.

This business of loading up sub $2 is all well and good, but the times WSA is sub $2 has been when nickel has been much lower in price than currently. All those punters therefore are saying they believe nickel is heading far south for the winter...

Agree with you that WSA is bloody cheap and getting even bloody cheaper wit every cent lower it gets (I trust the odd swear word for emphasis is permissible in today's society??) A man (or woman) timing their entry just right could set themselves up with enough profit for a lifetime of "House Special" chicken parma's from these levels... (Though I suspect you're more a caviar and crayfish type …. which you like sharing with the Pope on your frequent visits ….???? …

I live in hope (and expectation) that Western Areas will soar very shortly as the nickel deficit continues and stockpiles dwindle.

Kip
PS well done on your pick up at $2.12