Sherritt FutureTake a look at the trajectory of Sherritt earnings in the past 4 quarters (yahoo finance has a nice grap at S.TO......-0.34, -0.29, -0.17, -0.04... estimates are for -0.1 in the upcoming quarter.....
Sherritt is going up, the only question is when and whether there are better places to invest. There is a lot of noise on this board about "news" that predates the warrants sale at 1.41. and the debt reduction option.
Lets put the panasonic announcement in perspective......cobalt is going up in price so who are they going to buy form instead of Sherritt and at what cost to them? Sherritt will simply sell to the new buyer who is has been abandoned by panasonics new supplier......all inflationary to cobalt and presumably to Sherritt and other Cobalt suppliers......only Panasonic will suddenly be paying more for Cobalt and presumably so will Sherritts new buyer.
Sherritt might not be a good investiment time wise, but when it moves it might be difficult to jump on the bandwagon.....we are used to 5 or 8% moves on no news.
For all the posters who are laughing their asses off at recent share price downturns, the Germans have a term for that ....excuse the spelling .......schadenfreude......(taking pleasure in the pain of others).....in English we call them ...holes, and even if i go broke (extremely unlikely....we were at 50cents with higher debt and lower Ni prices) with Sherritt it will because i made a considered investment in an ethical Candadian metal producer.
Do your due diligence which should include looking at the stale dates of the recent posts' "information"