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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 Maxmoeon Jun 24, 2022 7:58am
225 Views
Post# 34779575

Diworsified

Diworsified So I bought two small cap nickel stocks on the same day a few months ago to reduce issuer risk. To diversify in theory. They were by coincidence within 1 cent if each other. Today, a couple months later, they are both down almost identically and are still within a couple cents of each other. So Cuba obviously does not explain both. Why it's almost as if the on/off/on/off chinese Covid dance has affected nickel and thereby nickel stocks. Go figure. Meanwhile nickel inventory, if LME data is reliable, continues to tick down. I'm waiting it out. In both names. I expect another run in ni when China flicks the on switch. Cuba,scuba,schmuba. 
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