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Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History

Sherritt International Corporation T.S

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals

Sherritt International Corp is a Canadian natural resource company that operates mainly in Canada and Cuba and has a significant mining project in Madagascar.
Price: $3.10 | Change: $-0.39 | %Change: -11.17%
Volume: 2.5m | Day High/Low: 3.50/3.10 | 52 Week High/Low: 4.90/2.82
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0 stars

I don't get it.

So today they have all the ore at all the grades they had yesterday. They added more ore but with a lower grade. Seems to me they should be worth more today not less. It is not like they down graded...read more
0 stars

RE:RE:RE:Whatever is coming must be really bad

Big volume.  Maybe a large holder is selling.  I'm picking a price where I'll buy more.  rate and reply
0 stars

RE:RE:Whatever is coming must be really bad

Do you people even read the news? They increased their total ore but decreased their total grade...YESTERDAY!!!!!  rate and reply
3.5 stars

RE:RE:Whatever is coming must be really bad

According to the excerpt below the cost increase could be 36% I presume due to the grade reductions. Sherrit seem to continue to stumble . To bad the activist lost his proxy fight this last summer! 2...read more
0 stars

RE:RE:Whatever is coming must be really bad

It's all because Nickel has tanked.  It's around 7.50 and not so long ago reached a high of 9.00   It could go down further to our 52 week low of 2.82 unless Nickel stabilizes.  USD has to crack some...read more
0 stars

RE:Whatever is coming must be really bad

With S at 3.16 ,  whatever the bad news it must be so very bad Any ideas?? couldS go below $3?  rate and reply
0 stars

Some upgrades for S

http://www.mideasttime.com/sherritt-international-rating-increased-to-buy-at-cormark-s/223715/ Up a little today amongst a general downturn.  rate and reply
0 stars

Price moves

Something could be coming down the pipe but I think this drop is due to LME inventory of nickel being high. Of course, it could also be delays in getting up to the level of desired efficiency at...read more
0 stars

RE:Debenture transactions

Are you sure you reading the NR properly? They claim they reducing overall debt by up to $400M by buying out some of their 2018 and 2020 debs. This is to be done w/ money from the sale of the coal biz...read more
0 stars

RE:Whatever is coming must be really bad

This is the bottom.... Will bounce back to 4.20 or so by jan at latest but hopefully sooner  rate and reply
0 stars

Whatever is coming must be really bad

Any thoughts on what it might be? I fear it will be about Ambatovy : operational problems , or  big write down -- could eliminate value of S's investment in Ambatovy, or the ambatovy...read more
0 stars

RE:RE:RE:RE:RE:Stock Price telling us something bad??

http://www.kitcometals.com/charts/nickel_historical.html Price of nickel is falling. Likely because the LME has huge inventories of Nickel. Of course none of the producers will back off production. We...read more
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RE:RE:RE:RE:Stock Price telling us something bad??

Told ya so at election time. When Director(s) have no money on the line like Armoyan has, they are only interested in racking in $.  rate and reply
0 stars

RE:RE:RE:RE:Stock Price telling us something bad??

P.S. Based on the volumes and downward pressure lately I'm getting suspicious Armoyan may be exiting, if so, as I said before it will be long term painful for us watching him sell his 18 million...read more
0 stars

RE:RE:RE:Stock Price telling us something bad??

""I expected the "blue ribbon" board to be more innovative and get more value for the shareholders."" Your joking right, this is an absolutely incompetent and morally corrupt executive team mixed with...read more
0 stars

Debenture transactions

This is a questionable deal IMHO.  Yes the maturities are now extended but the net debt reduction is only $100M which is less than 5% of their total LTD.  This is a fee bonanza and the big winners are...read more
0 stars

RE:RE:Stock Price telling us something bad??

There is definitely something amiss. This stock has languished way below NAV for several years. The analysts see it at a bargain with targets over $6. So far it is a mystery why it dropped under $4...read more
0 stars

RE:Stock Price telling us something bad??

The financing annoucement adds to the fear. Could it that there is a big write-off coming for Ambotovy.? Ambotovy cost between $9 and $10 billion when it was originally planned for about $4, if I...read more
0 stars

Stock Price telling us something bad??

Too bad we did not replace the board of directors when we had the chance!??  rate and reply
0 stars

RE:RE:RE:RE:Bullish on Nickel?

No argument. Nickel may be heading into some type of bubble. Oversupply of laterite and cheaper or more processing.  rate and reply