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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 1rockiton Mar 14, 2022 9:41pm
183 Views
Post# 34513736

Hintonkid ;

Hintonkid ;Thanks for the headsup on the Bloomberg piece. I didn't interpret it qwite like you did but it is pretty positive. It is exactly the reason I bought into Sherrit to begin with. He did mention not knowing what nickle would be opening up at . One thing he did make very clear was the short position at 100 thous might stilll stand. The company that put the short on is happy with the trade , which I have read in more than 2 or 3 places. Just my thought, I think we open back at roughly 50 thous which is way down from a hundred but at a very decent level for any nickle producers . Like I said, this is the reason I got into this trade ,personally I think we stay between $12.00 and $18.00 . BUT like I said this is only my opinion. Cheers and good luck to everyone.
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