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Compiling comments that experts make about stocks while on public TV.

Sherritt International Corp. Stock Symbol: S-T

Notes:60% coal, 30% Cuba in oils and nickel mines.

Last Price Recorded: $0.6400 on 2016-02-13

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Date Signal Expert Opinion Price
2016-01-15 DON'T BUY Peter Hodson

This is a commodity stock with debt on the balance sheet which impacts the valuation. All commodities are in decline and at record lows.


Price:
$0.590
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
OPTIMISTIC
Owned:
No
2015-12-30 COMMENT Lyle Stein

Holds this and it has been painful. The only pure play on nickel that you can buy globally today. A market cap of about $250 million Cdn. They have been chopping and chopping costs, and is roughly at $4 a pound, just about where the nickel price is. A great Hold if you’ve got some patience. The stock is well worth more than $2. We need a nickel price recovery. When inventories hit below 400,000 tons, they creep back up, and that is what he is watching.


Price:
$0.730
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2015-12-29 SELL Robert McWhirter

Sell and put into Bank of Nova Scotia (BNS-T)? Two very different stocks. This one ranks 613 in his dividend model. Earnings are expected to improve, but still be negative going from a loss of $1.14 to a loss of $0.82. In comparison, BNS ranks much higher and it looks like the banks as a group are going to improve. He would agree with your thinking.


Price:
$0.770
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2015-09-24 DON'T BUY David Baskin

How many Canadian mining companies have stumbled at attempts at mining in Africa?  They are going to write a lot off of their balance sheet.  They have a big hunk of debt and lot of Nickel at a very low price.  The question is if they can finance their debt.  It smells like a value trap to him.


Price:
$0.790
Subject:
NORTH AMERICAN
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2015-09-21 DON'T BUY Alex Ruus

You have to know what the commodity is going to do before investing.  S-T has built one of the biggest nickel mines in the world.  But it is a relatively small company and he would go to a larger one if he wanted metals exposure.  He is worried about this one.


Price:
$0.890
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Unknown
2015-09-18 COMMENT Mohsin Bashir

Primarily nickel and cobalt. Have projects in Madagascar. Just eliminated the dividend. Thinks they are buckling down the hatches and making sure they can ride out this low based metal environment. The depressed nickel prices are going to be weighing on them for some time.


Price:
$0.940
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-09-18 DON'T BUY Benj Gallander

Just eliminated their dividend. Debt level is very, very high. If you have a lot of guts and intestinal fortitude, he could see buying it. Anything you put in it, you have to think that you could lose at all. He wouldn’t buy it now.


Price:
$0.940
Subject:
CONTRARIAN INVESTING
Bias:
CAUTIOUS
Owned:
No
2015-08-17 HOLD Ryan Bushell

It has been a tough road.  They have a new nickel mine in Madagascar.  He would be concerned about mine construction, but they are basically done now.  Nickel prices are below $5 now so it is tough for the miners.  Longer term he likes the base metal side of things.  He thinks they have a good mine in Madagascar. 


Price:
$1.120
Subject:
CANADIAN LARGE (DIVIDENDS)
Bias:
SELECTIVE
Owned:
Yes
2015-08-11 DON'T BUY Christine Poole

She owns very little in base metals.  They have a new mine coming on and it has had some production problems.  You want to see stabilization in the commodities.  The strong US dollar is impacting demand for all the commodities.


Price:
$1.230
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-08-04 DON'T BUY Benj Gallander

Currently at an all-time low. A few years ago he was interested in this and went to their AGM. After the meeting he decided he did not have enough confidence in management. Debt load was high and management didn’t have the skill level he was looking at for a turnaround. Since then, they have been hammered by commodity prices. Nickel prices are down at a 5-6 year low. It would not surprise him to see them go bankrupt. It really needs cooperation from commodity prices. Very, very dangerous situation.


Price:
$1.270
Subject:
CONTRARIAN INVESTING
Bias:
UNKNOWN
Owned:
No
2015-07-31 COMMENT Lyle Stein

His view is that this will survive. The balance sheet has been fixed. If nickel prices stay below $5 for more than 2.5-3 years, they may have some issues. Nickel prices have been very low for a long time, but this company is at the 50th percentile in terms of costs. Half of the world can’t produce nickel at current prices and make cash money. The thinks it is a pretty reasonable bet that nickel will be in deficit in 2016.


Price:
$1.340
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2015-07-28 COMMENT Bill Harris, CFA

Just hit a record low. They had a change of management and he is not up to speed on the reasons. Between the nickel situation in Cuba and Madagascar, it is just too scary. Madagascar hasn’t gotten up to speed quite as fast as it needs to. There is a huge amount of debt. Way too difficult for him to figure out.


Price:
$1.350
Subject:
RESOURCE
Bias:
BEARISH on RESOURCES
Owned:
No
2015-07-28 PAST TOP PICK Jim Huang

(A Top Pick Sept 3/14. Down 67.82%.) The story is that they are building the big mine in Madagascar. They built the mine expecting nickel prices were going to go up. That was working for a while, but then China slowed down greater than had been expected. They also have a lot of debt. A bit of a dicey situation right now. Sold his holdings at a loss.


Price:
$1.350
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-07-27 DON'T BUY Bruce Campbell (1)

This, with a $10 Book Value, has something like an $8-$9 asset value. The stock is cheap. This is nickel which has been getting hit, oil and gas which has been getting hit and it is coal which is getting hit. It is completely out of favour. Have had cost overruns in Madagascar, but are getting closer to getting it fixed. There are better places to be.


Price:
$1.350
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
No
2015-06-19 DON'T BUY Benj Gallander

It has been beaten up but he does not like the debt load and is not overly impressed with the management.  Maybe he will look more closely at the end of the year.


Price:
$2.230
Subject:
CONTRARIAN INVESTING
Bias:
CONTRARIAN
Owned:
No
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