Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Oct 18, 2018 6:38am
147 Views
Post# 28825222

Nickel.Spot Price(ALL FUKCED UP) manipulated????

Nickel.Spot Price(ALL FUKCED UP) manipulated????Can someone educated, please educate me please!!!! Ok nickel LME draws have been drawing almost every single day for the past 4months, probably more....we had huge 2200+ draw on Tuesday, and another huge 1400+ tonne today, but price keeps getting weaker? I don't get it, were at a 5yr low now in stock piles, but the price is nowhere near the 5yr high(over$9) why is the price weakening even has the draws in inventory are getting more aggressive? It's obvious that nickel demand is higher then supply. Every single day we are getting draws, it think in the past 6months we only added supply in 6days and they were light. Vale corp (largest nickel producer)has publicly stated that there not investing in nickel projects till pricing gets better, and to me that speaks for all producers that there won't be anything "big" coming on anytime due pathetic pricing.......is nickel severely underpriced here? Is it still over priced? Does this LME inventory mean anything to anyone anymore? At the current $5.59 that nickel is spotting for at the moment it's at the same price when nickel less that a yr ago was at $5.59 but inventories were sitting at a healthy 350000 tonnage, we now under 220000 tonne, a big drop, same price, and draws getting more aggressive?????????? What the FUKC is going on for FUKCING sakes??????? Is that dweeb Collins Whitner still around? What's that moron saying and doing? Any comments by ocean???? I'm confused, please help!!!!! Ps.....Im noticing even on big huge draws like Tuesday 2200+ tonne and today's 1400+ tonne the market is completely ignoring this positive data, actually even on the backs of these positive impressive draws, pricing still weakens???? Quite strange, not impressed here! Who and why is the nickel market being manipulated to artificially keep the price extremely weak???????
Bullboard Posts