RE:RE:RE:RE:Why do you guys like Sherritt? Fair...
imo
sherritt is a value bet on a stock that is way under valued. They have a long history of steady production and have a lot of upside to the price of nickel and cobalt.
fed this is the condensed notes of my previous post's
I am asking you, for those who comment on here what a bad company this is if you have no intention on owning the stock?
At the end of the day that's what these boards are for. It is for investment ideas if someone is deciding to own the stock.
no one here is in the position to change what the business does.
if there are better stocks out there in Nickel go post on that board.
my decision is made, I own the stock and will continue to hold.Reasons:
I belive the nickel price for class 1 will be over 10$ in the next year or two. (Please don't confuse class1 market with the SS market, these two will soon be disconnected from each other)
cobalt will settle around the mid to high 20's with the odd spike into the 30's
Production will remain steady at 37000 to 40000 tons a year for the next 2 decades.
Next
this company has a technology groups that is best in class for find new and innovative ways to process, refine and upgrade products. Other companies without that will be coming to Sherritt for solutions.
I have more but this is good for now.
im happy to discuss on this board in more detail other than the sentiments in the market on Sherritt have it taking its beating in the wood shed. The have made some huge mistakes in the past coupled with vey poor commodity prices. But that is behind them with a new leadership team so you can't challenge them on the past
this company will be spitting out cash flow through the roof