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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 through hydrometallurgical processes. 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. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Bullboard Posts
Post by PUNJABIon Sep 21, 2015 1:20pm
290 Views
Post# 24122314

Multi bagger @ present & lower prices

Multi bagger @ present & lower pricesAnalyst are all over the place. You have a low target of $1.25 from TD & Salman Partners high of $7.25. I do not believe in these both low & high targets.. One is crazy low & other very optimistic. The average of $3.58 makes more sense under the present environment.

I am patiently waiting for the stock to bottom out or till December 2015 to take a position. For the time being I just trade for small spreads.

Once this stock bottoms out it will become a  multi bagger. It is hard to figure out at this time how & when it will bottom out. Even at present prices it offers lot of upside potential.
Eventually these sellers will get exhausted. At these prices when the company is loaded with cash it can become a takeover target.

Long time shareholders are under water big time & do not like the management. But at these & lower prices I see lot of opportunities for new investors.
 
Targets
TD $1.25
Salmon Part $7.25
BMO $2.25
Scotia $3.50
Desjardin $2.15

Bullboard Posts