Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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.

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Sherritt International Corp > I believe in long cycles and sherritt will benefit vsv ni

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Comment by CommonCents123on Nov 28, 2023 7:13pm

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Post# 35757544

RE: I believe in long cycles and sherritt will benefit vsv ni

There is no doubt that as the USD loses strength commodities gain and so do markets.

Even Ni jumped up from the incredible low price of SUB $7.20 a lbs. today to reach an incredible $$7.45. That didn't buoy Sherritt at all though. See below.

I do still anticipate a shock coming that will undoubtedly bring investors to the safety of the USD which will once again buoy its value, which will inturn depress commodity prices and the markets.

Just a matter of time really, nothing keeps going up forever except taxes.

I will be vindicated, I'm patient. Not correct today but tomorrow is coming...winter is coming.

Sherritt on the otherhand, i'm not so sure what will happen until the embargo lets go. There will never be a buyout nor a buyback. A consolidation, likely. Not sure they care about us at all. Let's hope Clearwater sees what's going on and tries to influence some change. The last shareholder revolt led by Geotge Armoyan of Clarke Inc. didn't succeed.

Wish I could use Vader's rose-coloured glasses...I could cut back on my Tums.

USD Today 102.72
-0.48 -0.47%