Very Interesting price action....I was wondering where all the cash from the Falconbridge and Inco takeovers was going to go. Today, we may be seeing the first wave of the cash being allocated. A powerful shift in sentiment toward Sherritt seems to be underway. But will it last. This stock is a choppy trader. The last year was spent on balance sheet maintence and a couple of internal corporate reorganizations surrounding Coal. What are they up to?? Still lots of value locked up in this holding company structure and the P/E is too low. Ian D. our supreme leader, is supposed to be a smart guy but he sure is slow getting the market cap. up to where it needs to be.
We are, after all, in a commodity boom. Our turn will come.