Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The meteoric rise of Australian nickel play Western Areas, and its 136 per cent share price rise over the past year, must have raised the hopes of shareholders in FinnAust Mining (FAM). The company was spawned from Western Areas and floated on AIM last December. As it waits for latest drilling and assay results from the Hammaslahti copper project in the south-east Finland, speculation could well follow of a repeats of the Western Areas success story.
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