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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

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Post by 1rockit on Mar 16, 2022 8:47am

$$ ;

Boy take a look at a 10 or 15 year graph on Sherrit. Unbelievable where we're going people. And I pretty much know this is where we're going because I don't think we've ever been exposed to these kind of price increases on nickle and cobalt. I simply can't get my head around just how much free cashflow this company is going to make at these commodity prices . In fact I don't think I've ever experienced a stock of mine being exposed to such drastic commodity increases . I guess this is where where doubles and triples come from eh . LOL
Comment by Nickbull on Mar 16, 2022 10:34am
Rockit man, you are out there a little bit in outer space. prior prices are only an indication of future returns if all things are equal. Lots has changed since then. They were in growth mode with the prospect of doubling production- we all know how that went. They sold off a billion dollar coal asset and lost all of that on the prior prospect. They diluted share holders by 30%. Gave the bond ...more  
Comment by Stratocheif on Mar 16, 2022 7:05pm
Ya but sherritt doesn't own any nickel mines. They just operate a mine owned by the communist cuban government. Thier financial statements are nothing but smoke and mirrors. I'm sure next quarter they will show a loss again and tell us that they havent received any "dividend" payments from thier "cuban partners"
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