WHAT THE PROFESSIONALS SAY INSTEAD OF P&D GUYS Caveat Emptor
While we can certainly appreciate Sherritt International's revenue growth, its earnings before interest and tax (EBIT) loss is not ideal. Indeed, it lost a very considerable CA$60m at the EBIT level. If you consider the significant liabilities mentioned above, we are extremely wary of this investment. Of course, it may be able to improve its situation with a bit of luck and good execution. But we think that is unlikely since it is low on liquid assets, and made a loss of CA$18m in the last year. So we think this stock is quite risky. We'd prefer to pass.
IMPO - Given the embargo, likelihood of Trumps re-election, higher for longer rates, recession etc, don't waste your money. The prolific poster on this board has been pumping this stock for years and it's done nothing but drop. He's trying to get out of this investment and posting useless info to try and get people interested. Wall Street and Bay Street dont care. Hence no volume trades. There's better nickel options out there.