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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 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

Comment by rkhoslaon Jan 27, 2021 9:20pm
130 Views
Post# 32406011

RE:RE:RE:What the hell

RE:RE:RE:What the hellI generally appreciate your point BUT i don't feel we got ahead of ourselves value wise.  Yes it's possible sp moved too far too fast BUT we are just starting to approach a conservatively calculated NAV.  So I would say 60 might have come too soon for the market to support but it still low balls us. I agree with a sentiment NV MAN expresses some time ago: what regional person would sell at 41?!  
IamMagic wrote: What is interesting is my other mining stocks also went up really quickly and crashed at the same time as S.

First Quantum Minerals is a good example and if you put both Sherritt and FQM trends side by side, we realize that they move together.

Don't desperate, the stock value was overreacting when it reached 0.60 and then it just overreacting on the other side - similar as other mining stocks.




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