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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 May 17, 2018 7:34pm
89 Views
Post# 28049593

RE:Breaking past 1.20s

RE:Breaking past 1.20s Good afternoon HIGHDOUGH , CONTRARIAN & YOURFRIENDO!!! BBDTRAINSTER YOU CAN SUCK MY BIG FAT HAIRY KNOB, WHILE KNOWSBEST TICKLES MY HOT SWEATY BALLZ, A/C not on!!!! Ok back to highdoughs post!!!! I hear you big guy, I on one hand feel that Sherritt is undervalued & on the other I think there going to buckle.....Nickel+cobalt is doing amazing while Sherritt is playing dead(not a good sign) but I feel a positive explosion that you feel to brother! But I do have a few major concerns that could destroy us 1) ambatovy should be abandoned & closed immediatly, let's face it, it sucks, its a liability , and it won't make money, but by closing it, it will cost us dearly on write-offs and packages + associated costs! I can't see a white knight to rescue this disaster, when does Sherritt & its j.v partners finally cut there loses short? & How expensive will it cost us??? 2) Moa !!! Yup our only real asset that is paying our *expensive* bills and our fat Toronto office and bloated staff with generous wages! Moa at the moment is going through its *Real Rain Season* histotically in the Caribbean and Cuba its end of April to end of October. Sherritt's mgmt are complaining about rain and rain delays for months now, they have been broadcasting these rain delays since November and thought Q1, which historically is truly a very dry season for Cuba! Mgmt has kind of been foreshadowing higher costs coming forward, more production hiccups because of mother nature, aging equipment and *expensive* costs going forward, etc....to me its mgmt is not being prompt about the real deal at moa. Its now rain season so I'm expecting slower production from may-oct, I get it! So while nickel is booming we are not Going to get the full impact cause of rain, but when mgmt complains about production from Nov-april in which it should be boom times for us , how the Fukc will these retards reach 36000tons of nickel at moa? There lucky if they get 29000tons! And if I'm right that will ruin our bottom line and it won't make us break a descent profit during boom times, probly more bloody loses ! such a shame... I think moa is in trouble, there throwing allot of cheesy excuses over there, I seen this before, it usually ends bad !!!! If moa is in trouble, Sherritt is done! #3) I also didn't like this bitumen news that BbdTrainster and knowsbest are raving about! For starters its totally non-core, and secondly our balance sheet cannot bring this massive capex intense project forward, so ( a) more massive dilution to raise big funds( b) more debt? To me, no thanks!!??? 4) our mgmt stinks, I and many others have lost confidance in them(bad sign) I just got my proxies today :+) I'm not voting for pathe and his dummies!!!! 5) we still have alot of debt(better, yes) but we are still really high for our asset base 6) block 10? Drilling Should be starting soon, right? This is our hail Mary? But I hate gambling, its a suckers bet! Block 10 is a very expensive wager(yes my fingers are crossed) but its still a risky fukcing gamble 7) these idiots blow alot of money, if they tighten their belts, it would be very helpful to us shareholders!!! Truth is I'm very scared here, but kind of bullish too, dosent make sense, right? Its because mgmt is not prompt with us, updates are far in between and they hold alot back! Its completely fukced up!!!! $1.20/share at $6.70 nickel USD and $40+USD on cobalt is unacceptable!!! Why isn't the heard jumping in now, feet first?why are they avoiding us, dearly??? Thats what worries me!!! The heard hasent come on board, why not? No signs of them even taking a peak? I'm scared. Have a good evening guys!!!
Bullboard Posts