RE:RE:RE:RE:RE:BbdTrainster's finally takin-it-ez-eeFederalReserve wrote: I hear you BbdTrainster, I get it!!,!!! But I got enough skin in this game, I don't want to buy more stock, I'm happy with my stake, so this Monday your on your own buying spree. I will diversify, just in case shertitt dosent pan out.....but let's look at the facts.....yes Nickel/cobalt market is heating up, yes our balance sheet is more presentable, yes we can produce the hot commodities for peanuts, and yes we are well positioned to capitalize in this brewing bull E.V, battery storage bull market. But let's ask this question.....why the Fukc are we at $1.19/share??? Why did we lose 8 on Friday???? Whats really going on here! What am I missing? Anybody? I'm fukcing pissed off big time. $6.20 nickel are Sherritt barely above a buck??? Im curious if mgmt waited a few months to issue stock to gamble on higher share price, so there's alot less dilution and where the stock would be at today? I bet over $2.00, what you guys think? If a company is raking-in profits and doing things right, then it attracts blood, more blood that comes in, the higher she goes, no baystreeters needed, no chessy promotions needed and no dilution reqd.....why do we continue to bleed money in a $6nickel, $36cobalt, $61crude enviroment???? It's unacceptable. We should be producing profits and paying down debt organically in this bullish enviroment! Not desperately issuing massive stock!!! We currently are losing money and diluting our selves to the Pimps of bay street. Im not accepting this, I want my money, if our management can't operate properly in this environment, then it's time to find mgmt who can because US steel is doing fine, so is teck, and BbdTrainster favorite stock pick "Katanga" is continuing in producing millionaires! What are we doing for fukc sakes.... I'm not happy of what has been going on ever since 2018 came in......goodnight.... I miss $1.87/share it was not that long ago and I'm tired of analyst predicted $2share price. We were almost there 5weeks ago. We would be above $2 now if mgmt didn't dilute us and made a lousy profit....Fukc everybody!!!!
Ear and understand you Fed. I've the same bitterness in my mouth and also quite the same questions. Why this moron mgmt didn't
wait for the SP to stabilize between 1.60 and 1.85 to launch their program?
I'm still positive for S despite his poor mgmt, I was sincerely waiting (hoping) for a strong news from MGMT and I'm so disaponted right now. Five weeks ago I never thought possible to see a so low SP again. That scares me.
Some positive facts at the moment:
- despite the Chinese New Year nickel stocks have not recovered. They should logically continue to fall by the end of the week. - from 8 Capital report I learn that S produce alone 1.8% of the cobalt global supply, it's really huge.
-
all eyes are focused on Glencore today, earnings quadrupled in 2017, but facing image problems with the origin of his cobalt.
This should put S in the spotlight especially since its cobalt (and Ni) is ethically produced. GLTA