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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 > YourFriendo Gets It All Wrong Again!
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Post by JoJoRabbit11 on Apr 28, 2021 6:20pm

YourFriendo Gets It All Wrong Again!

Doesn't take a genius to realize 20$million in presales is going to flip the other way this quarter. WRONG  wrong Q

or that continuously poor production will continues. WRONG dealt with rainy season issues with increased mixed sulphides at FS

or that input commodity prices increased dramatically in the quarter. WRONG   higher yes but the sensitivity to cobalt is still higher

The only thing I was wrong about last quarter was the production issues were in Canada, not Cuba. This quarter, I think it will be Cuba. WRONG regular rainy season stuff addressed with higher mixed sulphide reserves at FS

one bright side is fertilizer sales should be high. WRONG  production higher but not sales.

How is that?  Have I added to the conversation now?

JJ
Comment by YourFriendo on Apr 28, 2021 7:12pm
I'm sorry for hurting your feelings snowflakes, but let's try this again: - Cash balance decreased. That's pathetic in this Ni Cobalt environment. RIGHT! - Production of mixed sulphides down 2% (which I said there would be production issues in Cuba). And guess what, they are down 2% against 2020 Q1 which was down 7% against 2019. Guess what the reason was last year? Heavy Rains LMAO. ...more  
Comment by rkhosla on Apr 28, 2021 8:05pm
It was a solid quarter - no big surprises good or bad really - the sort of solid quarter we needed to move forward and launch forth.  Regardless of what we do tomorrow, I say by end of next week we are mid .60s.  Analysts will like this quarter - raise their targets a nickel each.  NB is already at .65 and TD is at .60.  I say they end up tomorrow at .70 and .65 respectively ...more  
Comment by YourFriendo on Apr 28, 2021 8:58pm
If you want to see a solid quarter, take a look at Lundin, Capatone, Teck...those are solid quarters. everyone is PUKING out cash....except for some strange reason Sherritt isn't...
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