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Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Metals & Mining Industrial Metals & Minerals
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. 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 to improve environmental performance... see more

TSX:S - Post Discussion

Sherritt International Corp > Ni broke $17k today
View:
Post by rkhosla on Feb 22, 2024 9:32am

Ni broke $17k today

Very nice run over the past three days.  Green shoots
Comment by Albatross on Feb 22, 2024 2:41pm
I just hope China is done with dumping money into building Indonesian mines.. you would think with the debt issues they appear to be having they would want to stop throwing money everywhere. 
Comment by autofocus111 on Feb 22, 2024 8:00pm
Maybe the market is eyeing new US sanctions on Russia? In metals, only Au was a target so far. Even with the Indonesia ramp up and EV slowdown Ni was looking oversold. Heck it still is mainly used in stainless steel and that is a steady albeit slow growth market. Gotta be some short-covering going on. Hedge funds like Citadel, investment banks like GS and JPM with proprietary trading houses, that ...more  
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