The Investment Doctor
Long/short equity, value, debt, base metals

Is The Company Slogan 'Think Nickel, Think Western Areas' Valid?

Introduction

Despite having quite a few names in my commodities-oriented portfolio, I don't have a single position in a company focused on Nickel. So when I came across Western Areas (OTCPK:WNARF) which has the slogan 'Think Nickel, Think Western Areas' my interest was triggered and I started to do my due diligence to see whether or not this company could indeed be a very good addition for my portfolio.

Source: company website

As trading on the US exchanges is relatively limited, I'd strongly recommend to trade in shares of Western Areas through the facilities of the Australian Stock Exchange, where the company is listed with WSA as its ticker symbol. The last closing price was $3.69 for...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details