Sherritt International Corp T.S

My views on Sherritt haven't changed

[Contrarian33]

I wrote this in 2017 when the share price was about $1.50. That was 6 years ago, and now the share price is at .46 cents. I remain a master strategist. 


There is very little of value posted on this board and that includes the entertaining but speculative observations of this international man of mystery Collinswhatever and this BBD Trainster who writes like he is some kind of white gangster rapper. Here is what you can know. Nickel is a small market and therefore a volatile market. Nickel prices have been and will continue to be volatile. On average nickel demand grows by 2% per annum and has for 50 years. There is no significant new capacity to be added until the nickel price is $9+. The new applications for nickel in EV and grid storage are interesting and will ultimately become a significant source of demand FOR CLASS 1 NICKEL PRODUCERS. The expectations on EV penetration are all over the place and perhaps optimistic, but who knows. Nickel inventories are high by historical standards but perhaps this is the new normal. I don't know that producers are keeping the same level of inventory at their mine sites as they have in the past. As far as Sherritt goes, the original Sherritt business which is still intact has in the past supported an approximate $20 share price (2006-2007). Nobody is suggesting that this cycle will be as extreme as the last but certainly a share price of many multiples its current price ($8-10) is possible at the next cyclical peak. Talk of a takeover are unattractive even at a big premium to the current share price and you would simply be handing over an opportunity for significant capital increases to a third party. Before year end we can expect to see the final closing of the Ambatovy deal, news of Block 10 drilling results, and perhaps the granting of an incremental block. None of this is "news" but analysts are often guilty of jumping on a situation only once the horse has already left the gate. I think these developments will drive a higher share price, but it is still early innings in the nickel cycle, and investors will need to hold their shares for a while and through volatility to reach the promised land.

[Contrarian333]

If you're going to imitate me you should at least be accurate.  You cut off the bottom part of that post from Nov 15,2017 which said........ "As an example, my last investment in Sherritt started in 1998 at <$3.00 and was completed in 2007 at $17.00. nine years of ups and downs where I looked like a fool for not trading the position for a long time - but ultimately realized a

[JoJoRabbit11]

Score 1 for Contrarian333 vs 0 for Contrarian33 (aka YourFriendo)...............

[YourFriendo]

Not me, but I wish it was. This is hilarious. Suspect it's a disgruntled investor who listen to Contrarian's incorrect analysis and lost money. My favourite part of that post is the block 10 reference. LOL! You're going to have to wait a long time for that.

[CommonCents123]

I've noticed that someone is notably absent from the conversation last couple of days! Wondering what happened? Suspension? Realization that the pump & dump scheme has been realized by the minions? 10 shares traded today, thats all the money left in the daily buying spree? Long cycles...maybe cycling from the East to the West coast...that's a long cycle! Maybe changed his

[SilenceDogood1]

All I see is facts in that 2017 post by Contrarian333.  Every sentence factual.  Not exactly what I would call analysis and certainly not a recommendation.  Even your point about Block 10 YourFriendo - all that is said is about a timeframe for seeing a result - not what the result would be.  Whether Contrarian33 is you or someone else - I don't find it productive.  Its