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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 patientoldguyon Jul 29, 2021 10:04pm
181 Views
Post# 33630430

RE:Results aren’t so bad

RE:Results aren’t so badI agree with mas.  after a long down cycle commodities are starting to shine.  up cycle could last for another 4 to 5 years.  sherritt cut losses by 90% as compared to a year ago.  Nickel prices are on the way up as is oil.   sure lots of the stuff the new CEO talks about is window dressing.
as long as the commodity up cycle continues Sherritt will make a lot of money.   US-Cuba relations won't get worse under Biden and could eventually improve.  Still a speculative investment but you don't need much of a profit to get to a $1 share price.   10 cents a share x 10 multiple does it.
hold for a year or two and you could get a double.
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