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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

Bullboard Posts
Comment by HDP18on Feb 09, 2004 4:44pm
201 Views
Post# 7027768

RE: hello

RE: helloHow long at this level is anybody's guess. I am expecting the next quarters numbers (not sure when exactly they are due out -but soon) to be good. I look at Sherrit as undervalued and underfollowed. Why? Various reasons -but do your own research and come to your own conclusions based on FACTS and NUMBERS not opinions. However, my opinion for what its worth is this. If resourses continue to strengthen and the USD remains under pressure for the near future then most of what S produces will be more profitable. Also, in terms of its peers it looks under valued. Power generation, while a little bit of an X factor, will likely be profitable due to increasing demand and the shakeout in the industry. Oil and Gas, will remain strong going forward even if prices back off some near term. A recovery in North America and growth in China and India will likely mean stable to high energy prices going forward -even if supply increases. S and its coal assets will maintain value -coal is simply too cheap an energy source for the power companies to ignore. Natural Gas prices -now relatively expensive and getting harder to find and bring to market in North America will force energy generators to look elsewhere for a cheaper source of power. So all in all Sheritt to me is a long term value play. Don't see it back in the $6 range rather its in a period of consolidation.
Bullboard Posts