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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 Sanguinityon Jan 23, 2024 10:55am
61 Views
Post# 35840833

RE:RE:16,350.50 16,007.00 16,358.50 16,161.00 +343.50 +2.15% 10:21

RE:RE:16,350.50 16,007.00 16,358.50 16,161.00 +343.50 +2.15% 10:21You have to credit Mr V.  He has it spot on the nose when he describes the long cycles that Sherritt has been demonstrating.

Pretty soon the big reveal is coming - I predict with the February release of numbers for the past year.  There we see the company peel off whatever is left of its share price.  My prediction: "more value!!!!!"

More honestly, I predict Sherritt is going to run the treasury dry this year, and talk about more than simply laying off large swaths of the company.  I am willing to bet they're touting themselves at pennies on the dollar to other companies, but seeing the likes of Samsung and Agnico-Eagle making their decisions clear to the beleaguered board of Sherritt International.
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