ByeI held stock in this company for 15+ years, I think I am pulling the pin. Nickel is @ 18k and these fools are still under. One thing that bothers me is that there is a massive team of directors who get overly compensated for one operation. No fudiciary duty whatsoever. What have they done in return for company value? Absolutely nothing for 15 years.
Sherritt has also never failed to spend money, it's an inherent problem which prevented any expansion for over a decade. It began in teacher pension days, now it's just justification to just pay the inner circle. My prediction is that they will be in the same position if nickel is @ 25k, 35k etc. Rip off bondholders and ignore shareholders. Classic take and run scenario.