RE: RE: RE: RE: RE: RE: RE: RE: RE: what is happen I wholeheartedly agree with You. Another tech analysis that is totally irrelevant to recent and present conditions...S went from a low of 4 $ to a high in 2012 of 6.50 thus an increase of over 50%. Big s..t! At 4.00 S was way oversold in a trough of mining valuations and now 6.50 is still on the low side of Sherrits' more reasonable valuation. When will the techies understand that their graphs are quite often irrelevant and only to be used as a secondary or tertiary tool in decision making! Of course the earnings were disappointing but still for 2012 we should expect earnings of around 1.00 so 5.80 seems way oversold ! Now one of the "wild cards" is of course the openeng and early operation of Ambitovy in Madagascar. Very exciting and also every expensive. I have been in and out of Sherrit for years and am at this point still substantially under water but am considering adding to my holdings before the opening of Ambitovy.
My 2 cents worth, Wolf E