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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

Post by FederalReserveon Aug 05, 2021 5:53pm
150 Views
Post# 33661225

Besides....

Besides....Q3 is going to be a dud, they are shutting down for maintenance, so reduced production of course and spending millions on maintenance, so it's safe to say another money losing q3. Q4 which starts Oct 1 is near tail end of hurricane season and flooding, who knows , maybe more set backs. This company has used every excuse around, maybe a new one??? So q4 is not safe.... I think Sherritt shareholders trying to profit on the battery metals boom would be better of finding a better company with a cleaner balance sheet or taking a chance buying the physical metals on the spot market and storing inside their garages, and buying a guard dog to.protect there investments, hopefully selling into.the future for a profit if that's where you thing the metals are going.... In the mean time stop defending this disfunctional corporation
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