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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 Stratocheifon Apr 02, 2022 12:17pm
153 Views
Post# 34570056

RE:RE:RE:RE:RE:RE:RE:RE:RE:TD Moves PT to $1.25

RE:RE:RE:RE:RE:RE:RE:RE:RE:TD Moves PT to $1.25We can try to look at the numbers for this complex and murky situation called sherritt. The various segments, power, fertilizer etc etc. The various sites and the fact that there are other cuban parts to the moa site. All a bit of a challenge to sort out without doing a lot of investigation and playing auditor. But dependance on and waiting for money from the cuban government is definitely the problem here. And I'm sure that the market sees this and sees the fact that there is a lot of uncertanty here. And that's what concerns me regarding a big appreciation in the stock price. Especially these days when there is still a lot of "greed" in the market rather than "fear". People pile into any stock they suspect will do well...commodities companies are hot right now. I own a bunch of uranium stocks. They've gone up 200% to 500% in the past 18 months......and some of them have NO REVENUE. Sadly I didn't have a lot of money there so I missed out. But the point is......hey where is the excitement over sherritt? Nickel skyrocketing. One would think people would be piling into this company even if profits aren't good at the moment....in anticipation of what's coming. Like they say the market looks forward. Like the uranium companies or other metals companies that have shot up. last time nickel was anywhere near these levels sherritt was $6. The market should have bid it up to that level already. I don't see it coming even if some money trickles in from the Cubans. It'll take some major change to restore confidence in this company. (maybe it will happen....as my lawyer told me once "anything can happen at any time" lol). My opinion only. I own a load of sherritt bonds (that's why I want sherritt to do ok) and a bit of stock but I'm certainly not going out on a limb on this one. Can't see it. Maybe I'm wrong but I can't.
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