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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 > Nickel prices to go up next year
View:
Post by Albatross on Nov 21, 2023 5:04pm

Nickel prices to go up next year

https://www.mining.com/web/nickel-price-to-get-boost-from-commodity-index-re-balancing-in-january/
 

Apparently nickel shorts at all time high so they will have to cover (but back) at some point. This is a wild ride, I've never seen anything like it.

Comment by CommonCents123 on Nov 21, 2023 6:35pm
Unfortunately for us the "predictions", even if they are realized, won't help us much. They may help Binedell and the board though.  They'd be heroes doubling or tripling  Sherritt's sp from $0.20 to $0.40 or an astounding $0.60. And of course because of the stellar performance of the stock, be  remunerated for it.
Comment by CommonCents123 on Nov 21, 2023 6:41pm
Depending on the court case involving the LME and investor complainants, how will we be sure that they won't shut it down to prevent the short squeeze fiasco from reoccurring and protecting certain individuals? That nickel tycoon from china never did cover his short call, did he?
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