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 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

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TSX:S - Post Discussion

Sherritt International Corp > $0.275 to $0.32 in the space of a week

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Post by Sanguinity on Apr 07, 2024 1:49pm

$0.275 to $0.32 in the space of a week

16% return.

Nickel has gone from $7.405/lb on March 27th to $7.814/lb on Friday.

Even giving it a few days lag to let Sherritt catch the wave, that's only a 5% increase in the metal.

Something's f*$ky.

186

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Comment by CommonCents123 on Apr 07, 2024 9:34pm

maybe its the moon shot or maybe the eclipse has something to do with it lol.

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Comment by rkhosla on Apr 08, 2024 1:13pm

I don't feel we have legs at the momment. may settle at $.35 and stay there for 6 months. Can't see rationale for us cracking $.40 unfortunately until we have some actual decent cash flow and a realistic chance of tackling debt bomb.

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