RE: Long cycles are real. The creation of fiat growing 8-12 Respectfully disagree. The data says otherwise everywhere.
Fill your boots with common, great pricing is certainly available.
Regarding the buy-back. Sincerely doubt it will happen. Not sure where that line of thinking originated but somewhat presumptuous to say the least.
Even if they do it, it will hurt financially by losing means to pay for the forth coming debt.
I can however, see a 1 for 10 consolidation being more likely the scenario which puts Sherritt at $3.30. Then it will sink back below $1 and crush our dreams permanently.