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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 Nov 12, 2023 2:06pm
66 Views
Post# 35730975

RE:RE:RE:this is super weird

RE:RE:RE:this is super weirdLOL...I hope you believe in those "long cycles" LMAO. It's going to be a long time before Sherritt gets out of the gutter.  If Trump gets in, the proverbial noose will be tightened even more.

More pain for Sherritt/Cuba/shareholders.  In terms of paying down debt, thats what the focus should be, not expanding production into a saturated market.  Shaking my head at this decision.

My conversation with IR at Sherritt advised that they sell product at market.  No one was trying to get ahead of the big EV demand for Nickel and signing contracts...probably because they knew it would fizzle.

The Truth is Out There Mulder, and it hurts!  
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