Sherritt (Canada & Cuba Ni producer) tonight hit an all time record high SP & MCap
went from 2015 lows of 2c to 40c tonight
a 20 x MBer.
NP has gone from 4.00 to 9.20 more than doubled from these 2015 lows but nowhere near 20 x.
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 1 Sherritt International Corp /S.TO 09:51 0.40 CAD +0.01 +2.56%
If POS did this from 2015 average lows of 4c, POS would be at 80c today
Instead POS is 9.0c LOL!
Forget 20 x
its barely 1 x of 2015 average lows, a 20 multiple lower than Sherritts move.
Why?
Sherritt hit good grades at large low grade laterite resources and STARTED PRODUCING & INCREASED PRODUCTION at HIGH MARGINS which has kept increasing from 2016 to today.
POS is still not producing sitting on large resources with a larger milling capacity & much much higher grades than Sherritt!
Even MH 1.3% & W 1.6% are higher grade than Sherritts low grade!
Sherrit has NPI laterite low grade of only a grade of 1.03%, NUTS!
"At that time, the project had a measured tonnage of 111.9 million tons, with a nickel grade of 1.03% and a cobalt grade of 0.13%"
Sherritt would triple in value if they found 7%-12% grades like we have found at GS & SS or if they were producing at 1.6% average grades of sulphide like they could be right now imho.
Its chalk & cheese. But in reverse!
Its a parallel universe.
High grade sulphide stalled & ignored while low grade producing laterite worth a motza,
NUTS!
START HER UP!
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