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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. It is also the independent energy producer in Cuba. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Bullboard Posts
Post by FederalReserveon Dec 12, 2017 10:06pm
224 Views
Post# 27143525

THE "FED" IS BACK

THE "FED" IS BACKI told you guys a long time ago that the $1.3bil of debt mysteriously disappearing from balance sheet was already "priced-in" but no one listens!!! And by eliminating this debt, our stake is now down to 12, in other words *Peanuts* !!! Now we don't really have a huge growth story going forward, just a Mickey mouse one.....Still no oil drilling update from Cuba? Really? They just put out a news release, why not give us a little something from Cuba??? I don't get it!!?? This to me equates to negativities from Cuban drill program, something is not right there. It reconfirms my "theory" that they got the bit stuck at over 3208m-3280m , and they trying to get it unstuck and continue. I'm betting there having bad luck there, the bit is not coming free, they continue to pour money there hoping for a hail Mary, but eventually you learn, cut your losses short and move on! Therefore I'm expecting a lousy, pathetic news release regarding this :+( !!!!! What needs to happen and fast in the near future.....1) we need nickel inventory levels to drop under 368,000 tons and fast!!!!! Hurry !!! 2) get rid of CEO Mr. Pathe and let's shop around for a new one, we can do it!!!! 3) sell our Madasgar 12% stake to highest bidder and finish paying of all our bills and become truly debt free!!!! 4) once debt free, find a new growth story for the future, maybe more Cuban cobalt/Nickel? How about diversifing outside nickel and getting into copper in Chile? Nickel/cobalt in Ontario? How about palladium??? Or platinum? Some silver, lead, zinc,rhodium, lithium or gold ? I'm sorry Madasgar is not a growth story anymore, let's create a new one, at any means, including unloading Madasgar!!! 5)these high depth oil wells are very expensive to drill, and tricky and alot of times you waste a ton of money and are not successfully at all. Maybe consider a joint venture with a well established oil producer/driller with experience in this type of environment. If we continue to experience difficulties, were wasting time and money, if we keep going at it like this all alone with no success. ****** Guys wake up!!! No Company will be buying us out, were all alone on this one,!!!! No corporation will have the strong appetite it takes to buy a company like us ,(Sherritt) who have most of there assets based in the COMMUNIST, I repeat "COMMUNIST" republic of Cuba !!!! Good luck to all, I don't think there will be a Christmas party afterall :+(. This company has alot of work going forward to create wealth for its shareholders, and I mean Alot!!!! Goodnight
Bullboard Posts