Sherritt International Corp T.S

Ni on fire

[thenorthvanman]

Wow. Still not as much interest as their should be in this stock given the dynamics at play in the market and Sherritt's position as a producer. I reiterate my unpopular position that Sherritt should seek regulatory approval to buy its own stock. Debt can be retired in parallel with share buybacks

[thenorthvanman]

*there not their

[oceaneleven]

Sherritt is on fire too!!!!!!

[Rockafellow]

This is a call for more broccoli soup to keep the Cayman demon Collins in his cave and potatoes chips of coarse for good luck.... .. .. .. ... Will this hit the 80's tomorrow, that's the big question!!!!!!!

[Robbymo]

Agree 100%. Stock is way undervalued. Look at the likes of Canada Nickel Corp and Giga Metals that are 5 years or more away from production. CNC has 4X more market cap than Sherrit who has production asstes reliably producing >30kt/y of nickel (and cobalt). Issue is they dont have the liquididty to buy back shares.

[Rockafellow]

Instead of them buying back stock they could buy back some 8% bonds thus reduce their debt & make 8% from any profits.... ... ... ... .... .we will c any profits tonight after 6 pm. Or tomorrow morning at 8am. ... ...  ... ... Keep ur powder dry...

[thenorthvanman]

As I've said before, buying shares and retiring debt is not an either or proposition. The company should do both especially while the SP suggests that bankruptcy is still a realistic possibility in the next couple of years. Buying shares now offers much, much, more leverage than retiring debt. Regardless, Sherritt is limited as to how many shares they can buy which caps how much they can spend