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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 Dec 07, 2022 8:55am
166 Views
Post# 35155761

RE:Strato you are evil 👿- truly a bad bad person

RE:Strato you are evil 👿- truly a bad bad personYou show up 6 months ago and take sherritt under your wing as the greatest investment out there. Otherwise you wouldn't be putting so much energy into it. I've seen this before.....rule number 1 in investing is never get overly attached to a stock.  Good luck to you I hope you make lots of money and prosper....sincerely. But up to now the market doesn't seem to agree with you. I bought cameco, uec, and efr etc a couple of years back and made 4 times my money when I sold. Bought numerous gold miners in 2020 and made 5 to 10 times my money when I sold. Now let's talk about sherritt. I don't know where you were 10 or 12 years ago but at that time bay street and and most high profile advisers were recommending sherritt stock and bonds as one of the best investments Canadians can make. They were predicting nickel price to double in the coming years (that's why sherritt went ahead with Ambatovy). (But it didnt...in the coming years nickel fell by half and Ambatovy became a disaster) Thats the nature of the resource industry. Cyclical and timing determins wether fortunes are made or lost) Back then I was naive enough to buy into the narrative and made one of the biggest investments of my life in this company. Only to watch it decline, decline, decline. Not a good feeling believe me to watch your money disappear year after year. So there are lots of times....even when I hoped to see a turnaround that didnt happen that I express frustration. I truly believe (and this is my opinion and my opinion only) that they've made many wrong decisions along the way. I've lost money on many other companies...5000 here, 40000 there. But sherritt was by far my biggest looser given the length of time I've been in it re the time value of money. Call me evil or whatever you want. But go to some other boards...you'll see a lot nastier stuff by investors who felt they've burned. Loosing boatloads of money I don't know it kinda brings out bad emotions in people especially when it was not presented to them  that there was great risk of such loss when the "experts" were encouraging people to buy it. A lesson to be learned
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