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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

Post by Albatrosson Nov 25, 2021 4:56pm
391 Views
Post# 34166611

Nickel Price

Nickel Price

Nickel trades above $21,000/tonne!

Even if prices stay here Sherritt will likely still end up in the hole somehow. They will reference corporate layoffs as the reason for $millions in payouts and then continue to feed investors bullsh$t graphs on a few hundred thousand in savings. 

I'm realizing that management and board of directors don't have company buy-in. Their only incentive is to just keep Sherritt on life support to sustain their lavish pay cheques. This company is the human centipede with the shareholders at the far back of the monstrous procession. 

I took a gamble buying Sherritt a few years back expecting nickel prices to rise. I should of just bought nickel instead.

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