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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 StockPick50on Jul 03, 2022 3:14pm
148 Views
Post# 34798170

RE:RE:RE:base metals have 'further to fall'?

RE:RE:RE:base metals have 'further to fall'?

I agree that nickel is going to go significantly lower than $10 just based on what happened with all the short positions in the last LME fiasco. Global recession is just an opportunity.

I remember following this company when they sold their coal operations for nearly a billion and still couldn't bail themselves out before Pathe started turning institutional investors away through dilution and consolidation to Cuba. Unfortanely I got stuck with some of those shares above $2 and slowly clawed my way back in penny land. I realized a long time ago that this company has a bad set of directors looking to fill pockets rather than expand the company.

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