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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
Comment by FederalReserveon Mar 27, 2018 7:47pm
57 Views
Post# 27791039

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CHAPTER 11?????

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CHAPTER 11?????We have been losing money, every quarter since 2012, at one point in 2014 nickel was over $8bucks and we still lost money, it's not a ridiculous post, I posted. It's true reality! If we lose money for q1 Sherritt is done. $6nickel and Cobalt of fire? And we all know they won't!!! Mr contrarian 333 what is our new growth story in the next 3yrs???? We got nothing, get it!!!! At this point we are minning our selves out of business, and we cannot earn a penny. It's a disgrace,!!! Why did David pathe really dilute us in February.??? I will tell you as a friend.....it's because our finances are more worse than you think, it was a desperate move to catch a better pricing enviroment, unfortunately with Donald Trump and trade wars lingering the stock market took a dump and risk appetite has sunk with commodity prices, it was a nice try by pathe to try to save this darn thing but it seems like Sherritt never has lady luck on its side....chapter 11 will make this company stronger, it will give debt holders the only chance to get there money back but ignorantly all current shareholders will get ripped incl BbdTrainster!!! Ultimately bond holders control this company. It would be wise for them to get there money back and some through a commodity boom cycle. In its current format sherritt will never become a real minning company, make a descent profit and give back bondholders what there owed and let's face it these guys aren't allowed in a real banks office to get financing!!!!
Bullboard Posts