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

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Sherritt International Corp > HERE WE GO GUYS AND GALS

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Post by CommonCents123 on Mar 18, 2024 6:04am

HERE WE GO GUYS AND GALS

Protests are starting in Cuba. This may impact Sherritt operations to the negative. Reality starting to bite. So much for Mr V's sunshine and rainbows scenario.
https://www.reuters.com/world/americas/protest-erupts-eastern-cuba-amid-blackouts-food-shortages-2024-03-18/

The embargo is having the desired impact. Cuba may be free and Sherritts grasp of MOA may be fleeting.

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Comment by Sanguinity on Mar 18, 2024 10:42am

Everyone has their breaking point when they have nothing left to lose. Looks like the Cubans aren't willing to endure the benefits of communist rule any longer. You are right. Sherritt isn't living in some kind of bubble down there. Between this, and them burning through the last of their cash by around the end of this quarter, I anticipate nothing good coming soon.

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