Sherritt International Corp T.S

Why sherritt is 53 cents

[Stratocheif]

Cuba is suffering from its deepest economic crisis since the collapse of the Soviet Union, made worse by two years of coronavirus pandemic and tightened U.S. sanctions under former President Donald Trump. Cubans wait for hours daily for food, transport and fuel, and power outages have grown more frequent as summer approaches. The festering crisis last July sparked the largest protests on the island since Fidel Castro's 1959 revolution. The above from an article today. So how is sherritt going yo collect its overdue receivables. It wouldn't surprise me if sherritt gets no payments at all going forward until something changes

[Contrarian333]

Monetization is one possibility.

[Albatross]

Bahahaha maybe it has something to do with a market wide sell off in risk assets due to the expected fed tightening the purse strings.   I'm not worried. I own mostly pipeline and oil stock with take or pay contracts and hedges. My sherritt stock is my risky move but I'm still bullish on its future. 

[WanTBe1]

I see no red just Green.

[baskcha1]

i agree. no doubt about it, Cuba has a lot of problems. s is a small company in troubled parts. but, they're making good money now and outlook looks good. usually metrics eventually prevail.