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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

Sherritt International Corp > A tale of 2 stocks.
View:
Post by Dickey01 on Jan 19, 2022 12:06pm

A tale of 2 stocks.

Back in the fall of 2018 shortly after i sold most of my marijuana stocks, I looked at 2 base metal stocks and bought in around the low .50's for both of them. One was CS a copper stock and the other one was S which was a nickel stock. Now CS is 6.45 which is almost a 13 bagger and S is still in the low .50's and very recently was in the .30's! Like WTF?
Comment by thenorthvanman on Jan 19, 2022 12:28pm
Ya.  It's frustrating for sure but I think we will play catch up soon.  Really remarkable how low the SP is given the price of everything they sell.  It's not like Q3 was a disaster the market just refuses to give Sherritt an ounce of faith.  Need profits and if that doesn't work start buying shares.  This should be of equal or greater value to current SH than ...more  
Comment by mas7575 on Jan 19, 2022 2:26pm
Agreed. Stating the obvious, but... the market needs to have confidence that S will be viable in the long term. With the recent solvency/near-death experience and subsequent bond holder haircut, this company has some heavy lifting to do PR-wise to convince potential shareholders that they will make prudent operating decisions and (especially) become profitable. Cheers, mas75
Comment by FordVictoria on Jan 20, 2022 9:18am
My humble opinion anything and everything that has investment in Cuba hold the SP because the political risk and how things are done over there, slow pace. FV
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