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.