Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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

Sherritt International Corp

Bullboard Posts

Comment by popeye5on Oct 13, 2015 9:15am

184 Views

Post# 24186419

RE:RE:RE:RE:looks like shorting

I guess very few of you are familiar with fundamentals and their effect on SP. Check out the current price of nickel and oil versus the past. Nickel is currently selling below extraction cost with enormous historical stocks on hand.
The current SP reflects that and although S has good financing, this will rapidly be depleted if current conditions continue, which looks like a good possibility.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario