Sherritt International Corp. (S.TO)

It still depends highly depend on nickel. They also deal in oil/gas (in Cuba). Cobalt has seen a lift, because it's used in technology. They're certainly not flourishing, though surviving. He wants to see signs of global stabilization especially in China because that will help the nickel, copper and zinc prices and lead to Sherritt rebounding.

A few decades ago, Sherritt was well-run and diversified. But to clean up their balance sheet, they went became a smaller-capitalized company in the sector. It's not cheap, and it's also more speculative than other mining companies. Consider a small holding in your overall portfolio or hold onto it if you already own it.

He does not know where it will go in 12 months. He lost confidence in the CEO at an AGM several years ago. Prices of commodities have gone up but this stock has not. He does not have confidence in management, although they took care of a lot of their debt.

A very sideways looking chart. He would not buy it, because the stock price is going nowhere fast. He would pass.

The market does not want to pay very much for the outlook in a foreign country, Madagascar. They have some decent holdings in Canada but he does to see much upside in fair market value. Maybe you cross your fingers and hold on and hope. He is not that interested in this stock.

He has followed this stock for years. On the good side, it has reduced its debt load. He doesn’t have a lot of belief in the management. They are working on a product that will make it possible to move more oil in a pipeline, but he is not confident that the management will exploit this successfully.

This has been on his watch list for years but he is not accumulating it. Years ago, he went to the AGM, he didn’t have confidence in the management. They have taken care of the debt load that he was concerned about but that is costing them revenues. The company is primed to commodities, so it should go up as they rise, but its price has gone nowhere for years. He has 250 stocks on his watchlists and buy recommendations on only 15. This is not one of them, and not likely to become one in the near future.

They are traying to lower their debt. Some momentum above $1.20. It had a break out from 75 cents. Has a few places of resistance as t works its way up. A stock he is trying to acquire.

Recently did a debt issuance, a little odd in that it was diluted and didn't reduce the debt much. If people know there is an issue coming, it tends not to do well. He likes that this company has world beating, historic competence in high-end nickel technology. Has a sense that the high-end they are capable of is something that can actually reduce the cobalt content in a battery. Trading at $1.30. With a very, very big portion of their debt solved, they have been taken down from 30% to 12% of Ambatovy. They’re still strong in Cuba. Also has nickel and cobalt in both places.

Over the course of 2 years, this had a double bottom, which is a good sign. Chart shows a big rounding bottom, which signifies accumulation. The 1st place you would see resistance would be at around $2. There is a significant Moving Average at around $1.78. It may pause here to digest what has happened. The stock could still come back to around $1.50, and still have that positive trend. He would certainly Buy this pretty close to these levels. $1.65 would be the 1st place, but it can go all the way down to $1.45-$1.43 and still be in an upside again. About $2, it is probably going to move quite strongly.

A fantastic looking stock. The last upward trend is really positive. If it can get above the high of around $1.70 it reached in early 2017, it is not going to have much resistance. If it could get above the $1.80 point, it could easily be a double.

He bought it last month. They are capable of extremely high purity in nickel, which is very much in demand for batteries. (Analysts’ target: $1.60).

A big international mining company. You have to assume electric cars going forward are all they are hyped up to be. You also have to assume S-T is going to be a major beneficiary. There has been and continues to be stronger demand for base metals that they dig out of the ground all over the world, which provides diversification and they could also be subject to political risk.

Used to own many years ago. It’s doing better lately, because of nickel prices. In battery technology, there is some nickel and cobalt. They also have an oil/gas side in Cuba. Prospects are better. To really super prosper and be back to a $3 stock again, you probably need $7 nickel, and we are quite some ways from that. The trend is in the right direction. The bonds got down to $.60 on the dollar, yielding 20%. They are now back to about $.78 and yields are still 12%-13%. It is now positive.

Golden Cross? It implies a break through a shorter moving average by a longer moving average. It is in a sideways pattern and you will get a lot of these. It does not mean it is a good thing because it has done it a few times. He would want to see it break $1.50.