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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 06, 2019 1:54pm
70 Views
Post# 29450870

RE:RE:RE:RE:RE:Contrarieon is totally wrong!!

RE:RE:RE:RE:RE:Contrarieon is totally wrong!!Hey *rock* I'm in this to make money bud!! Sorry but I'm not happy with sherritt at all from all aspects.. for example maybe you, ocean, contrarieon, or the almighty yourfriendo can answer this for me........nickel prices are at $6.15/pound and stock is in the gutter. Last year or a little longer ago when nickle was trading over $6bucks the stock was trading between $1.30-$1.83 range and they didn't have the ambatovy debt settled yet and they still had the $130mil of additional debt on there backs because they didn't dilute the living hell of there fellow shareholders to sponsor that idiotic "Dutch debt auction program" that sunk the share price and why it's down today while the nickel market was pretty flat......listen ROCK ,. You wanna be like a contrarian and believe that this stock is undervalued or is a torque on higher nickel pricing going forward or they are doing everything right and all the dead ducks are in line, that's fine, do it big guy but the market is saying the opposite, and so are the bonds!!!!! You want my honest opinion tough-guy. Here.....1) there is zero growth story here 2) block 10 is ongoing money pit and will most likely fail 3) I highly doubt that the broke Cuban govt will cut a fat check and settle there accounts payable with sherritt like contrarieon is dreaming up, but yes would be nice 4) mgmt stinks 5) sherritt intl is severly addicted to spend as much money as they possibly can, rain or shine 6) they got $207 mil in the bank that is doing nothing and there is zero plans of that huge chunk of money a.k.a opportunity to do something very special with it other than collecting 0.4percent interest on it, pathetic!!! 7) Oil biz is almost now extinct, to bad they got alot more shares outstanding then last year but their businesses continue to shrink 8) cobalt prices are dead and will depress cash flows 9) geopolitical risks with companies and countries doing biz with Cuba with possible USA repocations 10) very little to zero diversification outside Cuba, all there ducks are in one basket..... Good luck!!! Market is saying fukc all sherritt intl shareholders!!!
Bullboard Posts