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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 > IT'S ACTUALLY SURPRISING THE MKT IS DECLINING DURING WAR
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Post by CommonCents123 on Oct 20, 2023 10:22pm

IT'S ACTUALLY SURPRISING THE MKT IS DECLINING DURING WAR

I would have thought it might keep going up but it looks as though the economics behind the scenes may not be cooperating.  All those gains are now dissolving.  Lots of financial issues and the FED is still active and determined to drop inflation.  1000-point drop in a week!
Comment by CommonCents123 on Oct 20, 2023 10:55pm
EOM CHART SHOULD PUBLISH...
Comment by Stratocheif on Oct 21, 2023 9:58am
China's growth has fallen to below 4%. And they're having real estate problems. This is HUGE. Everyone has gotten used to China having double digit growth for many years now. Copper has already dropped a lot. China was consuming most of the world's metals during its historic growth. Now what? Not good.
Comment by CommonCents123 on Oct 21, 2023 11:32am
That's what I have been saying all along!  It's actually worse than that. They have the fastest aging population, 20-25% youth unemployment and the need to import I suggest 80% of their energy. I suggest that Communism has a simple agreement with the people.  The people do as their told and the Communist party provides economic well-being for the people. This pact is cracking.& ...more  
Comment by Contrarian333 on Oct 22, 2023 9:37am
The previous base metal boom ending in 2009 was a China development story.  The anticipated base metals boom is a synchronized global decarbonization story.  Weaning off of the one before the uneven uptake of the next is lumpy.
Comment by YourFriendo on Oct 22, 2023 11:18am
Well... we know how good you are at predicting the future. Sherritt is a 40 cent stock. 
Comment by CommonCents123 on Oct 22, 2023 8:54pm
Lol
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