RE:RE:Ocean you sell at the high open yesterdayCassius1977 wrote: I've been watching you spam this board with nonsense and mis-imformation for months and there are a few things I want to get off my chest and perhaps encourage you improve the quality of your posts.
1) Nickel traded on the LME is class 1 nickel not nickel pig iron. Pathe even refers the the product they produce as "class 1 LME grade nickel".
2) You keep refering to the "premium" sherritt gets for it's CO and Ni. Just so you are aware the prices given in the quarterly reports are in CAD where as the prices you are referencing are in USD so no premium just quotes in different currencies.
3) you keep comparing Sherrit to Kat. Kat is potentially a much much larger producer of cobalt and is projected to produce more than 10 times the cobalt Sherrit produces next year.
4) You keep refering to the "profits" being generated by sherrit. They lost tens of millions of dollars last quarter
5) Nickel inventories are not at multi-year lows. They are at about 15 month lows although admittedly they don't have much further to go to get to multi-year lows are are trending in the right direction.
6) Sherrit is not, and likely never will be, anywhere near a 100 billion dollar company.
Look, I'm bullish on the company and on nickel and I have a substantial position in this company but there is a difference between being an irrational, manic cheerleader and a bullish investor. Try to post somthing of some substantive value.
Great post! Very nice to hear sane and truthful posting.