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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

Post by CommonCents123on Apr 22, 2023 11:33am
241 Views
Post# 35408756

Sherritt International

Sherritt InternationalMY OPINION ONLY  - Please please please...in my opinion, I suggest that whoever is pumping Sherritt stock up, may be trying to "pump and dump" this stock so they can avoid their own personal losses or if not, they really think the Emperor has new cloths; in which case they may be incompetent.  This company has operations in Cuba.  A communist country that the United States has an embargo against. This is a fact that probably has a significant impact on smart investors. Don't believe anyone that says there is a shortage of nickel.  This is very exaggerated and I heard someone tell me there was only weeks worth of nickel left at the LME 6 months ago.  So where is the shortage?  If there was, then why hasn't the price exploded. If they're marketing of, or pumping up of Sherritt stock and nickel usage suggests that it is for the surging EV market think again.  EV's are a long long way off.  I suggest that we do not have the electrical infrastructure in place to support EV's and charging stations (technology) as common place now or in the short term.  This will be compounded by the fact that the world population has peaked and will porobably decline, economies are going to shrink as a result, and someone will finally acknowledge the elephant in the room which is that mining for EV components/minerals also polutes.  The USA appears to be more populist these days and that will also put pressure on world economies...recession/depression is nigh. Oh what about filling landfills with dead batteries? How much polution does that cause.  6 days after California legislated electric cars by 2030 or 2035 they had brown outs due to a heat wave lol.  Can you imagine what 12 million electric cars in California will do to their grid lol? Do some research, and most importantly use some "common cents" to figure out that this push for EV's and the subsequent push for Sherritt stock as a supplier of nickel is pushing a huge rock up from the bottom of a mountain.  Caveat Emptor!  I suggest there are better places to make money than Sherritt.  Stock is going no where quick, perhaps further into the basement.  The only short term jump will be, i suggest, a stock consolidation in which stock holders lose on their investment.  Just my opinion.  Always ask questions...all that glitters is not gold, it could be a scammer pumping and dumping.  Call them out for it. I suggest that you should not make it easy for immoral or potential criminal behaviours to take your hard earned money.  Again, just my opinion but common sense is seems to be very uncommon from a common cents perspective.
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