Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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

Add To Watchlist

TSX:S - Post Discussion

Sherritt International Corp > JPMorgan Bails Out Chinese Nickel Giant Facing Billions In L

View:

Post by greenland on Mar 09, 2022 7:05pm

JPMorgan Bails Out Chinese Nickel Giant Facing Billions In L

JPMorgan Bails Out Chinese Nickel Giant Facing Billions In Losses From Record Margin Call | ZeroHedge

206

Comment

Comment by autofocus111 on Mar 10, 2022 1:58am

GS must be pizzed they missed out. Will JPM be taking re-payment of these loans in physical nickel? Maybe they can re-open all those metals warehouses they shut down years ago to store it all.

Comment

Comment by Maxmoe on Mar 10, 2022 7:46am

Maybe they went to the federal reserve bank and ordered a billion rolls of nickels to cover it. Or did the USA switch to plated steel blanks like Canada ?

Comment

Comment by Maxmoe on Mar 10, 2022 7:53am

Fun fact, the older cdn nickel was 99% ni and 100 made a pound so at $20 a pound each "nickel" is worth 20 cents melted down. That's $usd. So about 25 cents cdn. A nickel worth a quarter? Or, for 3 nickels you can buy 1 share of sherritt. LOLSo check your change for anything from the 70s or older to grab that arb! Hahah.

103

Comment

Sherritt International Corp