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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 Oct 30, 2018 5:09pm
106 Views
Post# 28897401

RE:The ROOF is on Fire!!!!!!

RE:The ROOF is on Fire!!!!!!Sherritt reduced $2bil of debt by shrinking the companies assets and massively diluting the share count.....in economics 101 it's the worst thing you can do and it tanks confidance. Once again this economic policy/agenda took the air out of sherritt. Any retard out there can reduce the debt of any company by selling off assets or giving them away for free in exchange for some type of debt relief and by flooding the market with new fresh stock to add money to the bank because current operation stink.and dosent provide the cash flows reqd to run your business. Once again ocean with much respect I can't see any value here Hun.....I told all of you earlier that block 10 failed and there not visiting it for 2018 or 2019, complete waste of time and money & our oil biz is pretty much dwarfed to nothing, the power biz(who cares) its so small and pueny! It will never materilize into anything special with a company with so much debt and so many shares outstanding, and with nickel and cobalt pricing weak and looks like to remain weak for the remainder of 2018/19 untill bloated inventories come more in line by 2020(at the earliest) I don't see sherritt surviving at these low prices for any sustained amount of time. Maybe another quarter or two but not a year or two
Bullboard Posts