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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 15, 2022 10:16pm
159 Views
Post# 34517238

Mos7575 ;

Mos7575 ;I understand your thinking on past inventories. The problem is your looking backwards my friend. You and I don't understand the new supply coming to market. I think the fellow that's putting this ABSOLUTELY HUGE SHORT on nickle knows what's coming. Claimemty , maybe I Sherrit isn't the best pick because of the swings in the share price. One thing I always consider, I do my homework.. When the price dropped today it wasn't a question of selling because of the 10% , it was a question of how much I should buy to average down. LOL . When I look at the nickle and cobalt prices and the fact that this is one of the only pure nickle, cobalt plays out there. Take a look at a 10 year graph and it will give you some idea of what kind of return one can make. Cheers . Now lets all keep our fingers crossed on the price of nickle opening up at $40.00lb US LOL
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