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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 > What was true in 2018 is true today. All smoke and mirrors
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Post by Stratocheif on Sep 10, 2022 1:36pm

What was true in 2018 is true today. All smoke and mirrors

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.reuters.com/article/us-metals-nickel-inventories-idUSKCN1MT1RE&ved=2ahUKEwi6x4Sc4Ir6AhUqEFkFHbR-AzkQFnoECA0QAQ&usg=AOvVaw3fkUt337bYpiOoqNPldQ4R
Comment by VerificateASAP on Sep 10, 2022 1:45pm
This post has been removed in accordance with Community Policy
Comment by Albatross on Sep 10, 2022 1:57pm
It's an interesting take Strato but I'm not sure I agree with your position. For sure there's going to be 'hidden' stockpiles of nickel that aren't getting consumed. The idea of the article you posted was these companies were stockpiling because they were planning on selling for higher at a later date ultimately because they were bullish on nickel. How else would they ...more  
Comment by autofocus111 on Sep 10, 2022 4:09pm
Strato agree. I tracked LSE and SME storage reports for years. In the end it did seem pretty useless. I found that supply/demand forecasts in earnings reports from the likes of NILSY, along with news on metals mining/industry developments in Indonesia and China as well as general economic conditions, overall to be far more relevant in revealing where nickel prices could be headed.
Comment by VerificateASAP on Sep 10, 2022 4:14pm
This post has been removed in accordance with Community Policy
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