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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 CommonCents123on May 25, 2023 5:35pm
63 Views
Post# 35464679

RE:RE:Clearwater Capital Management, Inc.

RE:RE:Clearwater Capital Management, Inc.Thx SD1.  You suggested in your comment that they are "deep value and turnaround investors" 

Do you have any historical or current examples of their success or are you surmising this?

If thats the case then it may be a positive development.  

If thats the case, I hope they have better luck than

"A group of activist investors led by investment holding company Clarke Inc that had put forward a slate of nominees for Sherritt’s board, including Clarke Chief Executive George Armoyan." 

This took place in 2014.  They had I believe, come to the same conclusions I have in that the board was using Sherritt as a personal piggy bank I believe that was the suggestion and the Board was not taking into account shareholder interests.
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