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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 Stratocheifon Feb 29, 2024 7:30am
68 Views
Post# 35905808

RE:RE:RE:RE:RE:RE:RE:Nickel spot price 7.83 / lb

RE:RE:RE:RE:RE:RE:RE:Nickel spot price 7.83 / lb
CommonCents123 wrote: Yes I have a lot of skin in the game, 6 figures to be exact. Yes again for altruism. I was fed a line of bull and am paying the price as a result.  I don't want anyone else to make the same mistake. People have families to take care of.

Making a bad investment because of something beyond control of the company is one thing. Making a bad investment based on fraudulent information is fraud.

I want all to make money and we should help each other. Some use these boards to help themselves. 


I find this guy to be a strait shooter and worth listening to very carefully. I know it's not specific to sherritt, but gold and silver of which I own about 15 of them. But the discussion is applicable to all mining. And also pay attention to how he alludes to the misinformation that companies present....not necessarily outright lies but lies of omission, exaggerating the positive while downplaying the negative, and how most people loose money in this complex business where you have to have a lot of experts on your phone contact list to touch base with. Retail investors don't have that. They are basically just looking at the big coca cola sign at the side of the road as he mentions in his discussion. We just research as best we can but often don't find key facts that will make or break an investment. Like when we bought sherritt many years ago on the advice of the media reporters who didn't highlite  the scope or risk of the business there.
I've lost a lot of money on 3 or 4 of my prescious metals miners because of this. And the same applies to sherritt. People take these investments too superficially and often get caught. Lessons learned at a high price but there is always tomorrow.

https://m.youtube.com/watch?v=Eov5FCHxiuc


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