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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 > this is super weird
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Post by rkhosla on Nov 10, 2023 10:38pm

this is super weird

did the author check the price of nickel before publishing this??  Nov 7 but claims high Ni price a challenge for LNG / O&G 

https://oilprice.com/Energy/Energy-General/LNG-And-Offshore-Energy-Projects-Face-Delays-As-Nickel-Prices-Soar.amp.html
Comment by mas7575 on Nov 11, 2023 8:15am
Thanks Rkhosla. Interesting read. It seems to be yet another "convenient" disconnect between the title of the article and its contents. The title references soaring prices, while the article speaks of "upward trend in nickel pricing risks for the next 12 months" due to increasing aerospace demands. Quite the assumption that the risk will certainly lead to soaring prices ...more  
Comment by CommonCents123 on Nov 11, 2023 11:46am
I AGREE 100%!   QUID EST VERITAS my friends, what is truth? Just look at the reality, the experience of others around you to determine what is truth. 1) Economies of the world are slowing 2) The price of nickel dropped to $7.71 Friday (in constant decline) 3) Do not look at the the stock market as a barometer, as it's driven by emotion, not logic 4) The EV euphoria is coming to an ...more  
Comment by Albatross on Nov 12, 2023 9:52am
Agree. I had to re-check the date on the article as the way it was written it sounded like a last year article. Maybe some of these companies are on long term nickel contracts and they locked in at higher prices due to market uncertainty and that it weighing in their profitability. Not sure.. hopefully the market levels out at higher prices. I was happy when it was US $10//lb. Hopefully that ...more  
Comment by CommonCents123 on Nov 12, 2023 2:06pm
LOL...I hope you believe in those "long cycles" LMAO. It's going to be a long time before Sherritt gets out of the gutter.  If Trump gets in, the proverbial noose will be tightened even more. More pain for Sherritt/Cuba/shareholders.  In terms of paying down debt, thats what the focus should be, not expanding production into a saturated market.  Shaking my head at ...more  
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