RE:HELLOOO?? At some point this stock gets repriced. You can't chase these commodity prices but if it sustains for a month or two, then look out. You will wake up one day and it will be at 1.10$ on its way to 2.00. Don't forget that Sherritt typically receives a 10% premium to the spot price, so for a pound made today, is fetching close to $16.00. Once next quarter proves out how much cash these guys will push out, it will be hard to ignore. We are still in the penalty box and no one wants to open the gate.
production will be strong this year with no visible head winds.
I believe high commodity prices will be here long term as there is no way Putin will back down. This is only the next step on his desire to redraw Europe continues. As long as he has the army on his side this will drag on and the sanctions will remain.
cheers