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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. 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. It is also the independent energy producer in Cuba. 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 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 FederalReserveon Sep 27, 2018 3:09pm
116 Views
Post# 28703348

Sherritt Stock is a joke!!!

Sherritt Stock is a joke!!!I hear you high dough, sherritt is in big trouble here, it's falling apart. Would be nice if insiders would actually buy alot of stock here, that would be positive. I have no idea why the nickel market is tanking? For 1. Inventories keep dropping, I think it's down again today, so that makes it 95 drops in the past 100days, very bullish and it proves nick demand continues to rise strong!! 2) were at the lowest inventory storage levels in the past 5yrs(what else do u want to promote price rise?) Nickel has no business trading here at $5.70 in sept 2018, so undervalued !!! I also wish sherritt would do more to cut significant cost. There spending is way to high, time to cut. Also would like then to diversify outside nickel as well. When nickel prices get weak, we all suffer. Our oil biz is to small to dig us out of the hole when nickel prices are dead, and our power biz is also very small. I wish sherritt was pumping alot more oil. Look at wti and Brent are selling for today. Q3 numbers will suck, nickel prices have tumbled, our only saving grace is block 10, also could get a boost if mgmt buys a chunk of shares , and cost saving initiate.
Bullboard Posts