Stelco Holdings Inc T.STLC

Primary Symbol: STZHF

Steel Steel

Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. It produces flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke. With its gauge, crown, and shape control, as well as uniform through-coil mechanical properties, the Company’s steel products are supplied to customers in the construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States as well as to a variety of steel service centers, which are distributors of steel products. The Company operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.

OTCPK:STZHF - Post by User

Stelco Holdings Inc > Alan is sandbagging

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Comment by extremeriskon Jan 06, 2022 2:57pm

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Post# 34290207

RE:Alan is sandbagging

Very well said Sleepinggiant. I have similiar thoughts but have not added to my position just yet. Buyback is 250 million and at $37 that's almost 7 million shares to buy back. It's happening today with over a million now traded. I would enter again when we get close to 7 million to buy back.

like I said before don't go into a poker game with Kestenbaum. He is very good. Steel market future prospects pricing low cost to produce for Stelco Ontario and federal government support. 1000 acres of lake front land to develope into condos all points to $$$$$

plan to add more but going to wait a little longer. If volumes continue heavy like today though will not wait too long. As we approach 7 million shares traded in total I think is entry point

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