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Bullboard - Stock Discussion Forum 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... see more

TSX:S - Post Discussion

Sherritt International Corp > ‘The Name In Nickel’
View:
Post by rkhosla on Feb 17, 2021 11:33pm

‘The Name In Nickel’

$8.54 high so far overnight.  Let's see if this gives us a little bump or if we are disconnected from our underlying commodity entirely....
Comment by rkhosla on Feb 18, 2021 9:33am
Nope.  Totally disconnected.  We are hated that much.  It is nice sometimes to be unloved - for example like when 'deep' value investors like us see hidden gem while others see trash - but I feel it's time for everyone to realize our shine : ). It'll come.  
Comment by thenorthvanman on Feb 18, 2021 9:40am
Ya, I'm getting frustrated. Part of the reason I keep harping on share buybacks is because apart from providing fantastic value it would likely prove a catalyst for the stock. This lack of movement blows my mind but more than that is the psychology of someone that would sell below yesterdays close given what Co and Ni are doing.
Comment by rkhosla on Feb 18, 2021 9:42am
There is a large subsect of investors who care nothing for fundamentals - bitcoin has gone from 10k to 50k this year and it is just a puff of nothing
Comment by thenorthvanman on Feb 18, 2021 9:51am
This is what I was lamenting yesterday. Juniors with little to no chance of becoming a profitable company are being massively rewarded (ie CNC) while a current producer with great fundamentals in the current environment stagnates. Hopefully the new CEO has his compensation in line with shareholders and does somthing ( cough, NCIB) to give this stock a bit of momentum.
Comment by Cobalt on Feb 18, 2021 10:02am
Been a narrative market for years now , Nickel in the name fills a narrative , i got no problem swapping  as i use TA, sell the rips buy the dips dyodd
Comment by IamMagic on Feb 18, 2021 11:33am
i am also frustrated as it doesn't act like other stocks like First Quantum or similar bigger companies. However, quite satisfied with this penny stock since my 0.20 investment.  I have reloaded a bit recently and we will all be happy with the next jump. Unfortunately, penny stocks are really a waiting game with big jumps and nothing like slow and steady type of trend. I am also ...more  
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