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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 Albatrosson Mar 07, 2022 2:07am
117 Views
Post# 34489151

RE:RE:RE:RE:One more cent, one more cent, one more cent

RE:RE:RE:RE:One more cent, one more cent, one more centThanks GoldenIdle, I will hold on buying up anymore as I agree I'm in deep enough. If I include my company pension as part of my investment portfolio I have $1.2 million invested, mostly due to a thanks to this pandemic, I was able to turn $150k into $700k with some very well timed buying and selling... I'm fairly young (mid 30's) so at this point everything is equities.. but I'm watching the markets closely. I'm very concerned about inflation and what the banks will do to control it and the what effect on the market it may have. I've done very well off oil and gas and after selling all of my cenovus for $18 I decided to buy back in at $17.50 because the market was just too good to give up on it now... but maybe I have to be careful to not be greedy. 

I bought in to Sherritt averaging $0.40 many years back, back before they almost went under, so I can tolerate some volatility.. I'm hoping for a big increase off this steep price trend and I'm looking for my exit because I don't think the commodity prices are sustainable, they will unfortunately crater the economy because they will price people out and create demand destruction.
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