Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > THE DOWNWARD SPIRAL OF CUBA CONTINUES INCREDIBLY QUICKLY
View:
Post by CommonCents123 on Mar 14, 2024 9:14pm

THE DOWNWARD SPIRAL OF CUBA CONTINUES INCREDIBLY QUICKLY

Of course my main concern is for the human suffering in Cuba.  With Sherritt under such pressure losing money will they lay Cubans off making problems worse there?

Several news article about Cuba's fate below.  Our Sherritt is at great risk of losing the Cobalt swap.  With the melting down of systems in Cuba, Sherritt may have difficulty exporting the Ni to Canada.

https://www.france24.com/en/live-news/20240313-cuba-s-currency-conundrum-four-ways-to-pay

https://www.miamiherald.com/news/local/news-columns-blogs/andres-oppenheimer/article286593100.html

https://www.reuters.com/world/americas/cubans-await-promised-government-intervention-peso-slides-further-2024-03-13/

https://news.google.com/articles/CBMiWWh0dHBzOi8vaGF2YW5hdGltZXMub3JnL2ZlYXR1cmVzL2N1YmFzLWRlYmFjbGUtYWNjZWxlcmF0ZXMtdGhlLWRlY2xpbmUtb2YtcmFpbC10cmFuc3BvcnQv0gFdaHR0cHM6Ly9oYXZhbmF0aW1lcy5vcmcvZmVhdHVyZXMvY3ViYXMtZGViYWNsZS1hY2NlbGVyYXRlcy10aGUtZGVjbGluZS1vZi1yYWlsLXRyYW5zcG9ydC9hbXAv?hl=en-CA&gl=CA&ceid=CA%3Aen
Comment by CommonCents123 on Mar 14, 2024 9:21pm
https://avinews.com/en/cuba-is-preparing-to-receive-two-containers-of-colombian-eggs/ The news keeps getting worse.  They have no money to feed chickens the get eggs? How will the Cuban government pay the Sherritt Cobalt swap? Meanwhile they were building hotels for non-existent travelers instead of feeding their people.  The USAs noose is having the desired impact for regime change.& ...more  
Comment by Sanguinity on Mar 15, 2024 2:57pm
Egg-celent analysis.   It is mindboggling that they're 'buying' eggs while not having enough money for feeding their domestic chicken industry.  (hands up that the bill from Columbia for their eggs goes unpaid)
Comment by Sanguinity on Mar 15, 2024 2:54pm
You wonder how long the Cuban people will continue putting up with the failure of their government's schemes.  The peso is worth 10% of what it was 5 years ago.  The rail network is nearly unusable. They're begging the UN for basic food needs. And, our beloved Sherritt can't make money in Cuba mining the core ingredients for batteries. Just spitballing here, but if only ...more