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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

Comment by Nickbullon Mar 04, 2022 10:32am
145 Views
Post# 34483041

RE:HELLOOO??

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

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