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Bullboard - Stock Discussion Forum 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... see more

TSX:S - Post Discussion

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Post by miles44 on Nov 12, 2020 4:28am

thanks again

so thanks again guys. I invested only a tiny portion and after most of your comments plus some extra thought I sold that yesterday with only a tiny loss.

Its true that M&A wont happen as no-one will buy a 50% JV asset in Cuba. Plus yes, I m positive for Nickel. But right now there are so many cheap companies out there in the commodity sector so....

And first of all once you invest, you have to at least be able to believe in management. Sometimes you get deceived anyway.... but at least once you invest you have to believe the company has a good team. 

And they obviously havent.

So I m off here again and once again thank you :)

 

As you might be able to check, I m invested in Trevali Mining, a zinc miner. Anyone of you who wants, just check out the forum, I m posting there a few times a week and might be able to "pay you back" on your honest and good comments there.

Cheers

Comment by rkhosla on Nov 12, 2020 12:02pm
Tevali?  Oh boy you do like to 'dance on the grave' as another poster described it 
Comment by autofocus111 on Nov 12, 2020 2:26pm
miles44 Not sure why you would enter and then exit so quickly. This actually looks like a decent entry point. Unlike many nickel mining prospects, Sherritt is an established producer. If you are bullish on nickel and cobalt, S is a good speculative play on that (I have a smallish position in S.TO and a very large position in Russian nickel producer NILSY). For Sherritt pretty much all the bad news ...more  
Comment by oceaneleven on Nov 13, 2020 11:40am
nice summary of why Sherritt is decent play now Auto.....Cuba has also started reopening their border to travel as they have seen significant down turn in Covid cases...Was also reading up on their two types of money and of course Bitcoin and the way they are handling it yadda yadda....
Comment by FartMachine on Nov 13, 2020 2:18pm
Hey miles!  I recognize you from the Trevali board!  What are the odds that I'm invested in 2 junior miners and you frequent both boards!  See you around.  
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