Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 12, 2019 11:19pm
58 Views
Post# 29356431

RE:RE:RE:Ambatovy 28% sold for $1.4 Billion....

RE:RE:RE:Ambatovy 28% sold for $1.4 Billion....Listen *Magnum* I'm my honest opinion ambatovy is a disaster and worth very little, moa is a good asset but it's in tainted Cuba and even though it's a nice asset, it's to small for sherritt's spending and obligations and it's ballooning 400mil shares outstanding. But if moa were to be sold in the open public, I don't think anyone would want it since it's in Cuba and the USA/Cuban relationship is not getting better. USA may ban anything that comes out of moa and keep it from any of its supply chains entering America......only plus side to tommorow's NR will be block10 (hail Mary) discovery or else sherritt is toast......it was a weak quarter in nickel pricing so.im expecting lousy results as expected. They need a better focus, new mgmt, less debt, growth story, more oil, and much higher nickel pricing. It's all possible but let's face it. Mgmt will get voted back in, no share buyback from these clowns, block 10( who knows)., Growth story??? Not sure but pathe is more concerned to diluting shareholders & making sherritt smaller to paying of debt rather then growing and increasing cashflows to paying off obligations, oil biz is dead, pathe in my opinion is doing a lousy job in collections oil recievables and is a poor negotiator with Cuba govt in regards to the oil biz. I'm expecting oil production to continue to.drop to near nothing unless there hail Mary gamble at block10 produces a miracle, if not oil is dead with sherritt!!! Stock is at 42cents for many reasons, it could go to $10 or higher (with the help of much higher commodity prices) if the "right" mngt comes in and addresses some of the problems that I have mentioned or we could continue have David "the loser"Pathe in control of and sinks what's left of this company to 1cent...there is potential here to make money but defently not with pathe and associates...1) growth 2) much more oil production 3)higher nickel & cobalt prices 4)share buybacks 5) new mgmt/new leadership/new ideas 6) renegotiate debt with bondholder past a few more years to reorganize this company to better potential 7) growth story needed asap. Either other mine, promising exploration property, massive oil potential, take a gamble on something else, they do have over $200mil in the bank, get in other business, increase moa production, something big is needed here 8) cut spending 9) dump Toronto office and staffing 10) either dump ambatovy or gble on larger stake, 12percent is a useless stake and not worth the trouble or our company size. Either it get dumped or hail Mary gamble with other partners and double our stake!!
Bullboard Posts