Sherritt International Corp T.S

Mos7575 ;

[1rockit]

I understand your thinking on past inventories. The problem is your looking backwards my friend. You and I don't understand the new supply coming to market. I think the fellow that's putting this ABSOLUTELY HUGE SHORT on nickle knows what's coming. Claimemty , maybe I Sherrit isn't the best pick because of the swings in the share price. One thing I always consider, I do my homework.. When the price dropped today it wasn't a question of selling because of the 10% , it was a question of how much I should buy to average down. LOL . When I look at the nickle and cobalt prices and the fact that this is one of the only pure nickle, cobalt plays out there. Take a look at a 10 year graph and it will give you some idea of what kind of return one can make. Cheers . Now lets all keep our fingers crossed on the price of nickle opening up at $40.00lb US LOL

[mas7575]

Fair enough, I see your point. I expect that XG will try to (continue to) manipulate the market and inventories, especially in the ST. I guess where we might disagree is on the LT prospects of Class 1 Ni. I see it as being short and extremely tight at present, with this trend expanding in the future due to EV expansion/rollout.  IMO, there will be plenty of scrap, NPI and other lower quality