Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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

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Sherritt International Corp > $40/lb Ni ???

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Post by DRYOASIS on Jan 25, 2021 8:48pm

$40/lb Ni ???

Good read on possible Ni price ...

https://www.nickelprice.com/TopNickelStock/?gclid=EAIaIQobChMIlP2DwLK47gIVQ5yzCh0qkQBwEAAYASAAEgJgzPD_BwE

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Comment by thenorthvanman on Jan 25, 2021 9:11pm

Whomever wrote this article is clueless. Global nickel production is nowhere close to 5 million tonnes, barely half that.

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Comment by BackEndPugMill on Jan 26, 2021 7:11am

I believe that, the writer was referencing cobalt to 40$ nickel, If one looks close at the "info mine", historical chart if references Cobalt. Speaking about cobalt I believe it just broke a new high

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Comment by thenorthvanman on Jan 26, 2021 7:26am

Not sure, I stopped reading when it was obvious he had no idea what he was talking about. The global nickel market is not anywhere near 5 million pounds.

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Comment by DRYOASIS on Jan 26, 2021 9:22am

What caught my eye was his future Ni price prediction. At $15/lb S would be rolling in cash. Technically, the nickel price has a confirmed multi-year breakout at $8/lb ($17,000/t) and is on its way to $15/lb ($30,000/t), which is close to a doubling in price. How high could nickel go? Considering current stagnant nickel-mine production and lack of nickel substitute in batteries till least ...more

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Sherritt International Corp