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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 Nickbullon Mar 16, 2022 10:34am
123 Views
Post# 34518202

RE:$$ ;

RE:$$ ;Rockit man, you are out there a little bit in outer space.
prior prices are only an indication of future returns if all things are equal. Lots has changed since then. They were in growth mode with the prospect of doubling production- we all know how that went. They sold off a billion dollar coal asset and lost all of that on the prior prospect. They diluted share holders by 30%. Gave the bond holders a 50% hair cut. Add on that the revenue and prospect of their oil,gas and power have gone to zero. Technologies group is not near as profitable as once was. This company is a shell of its prior self and has lost the faith of the market, it will take time to get that back. 
everyone has heard this from me before.

I think a 3 to 4 bagger is possible with some big ifs in there. For now the share price is at the mercy of the day traders.

cheers
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