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by Will Purcell

The critical and specialty minerals stocks box score on Monday was a pleasant 100-62-148 as the TSX Venture Exchange rose eight points to 1,006. If tariffs and threats of tariffs were not enough, sanctions and rumours of sanctions imposed on Cuba by the Trump administration sent Sherritt International Corp. (S) on a slide last week. Its stock, 25 cents at the time, fell to 13 cents Friday, as over 35.6 million shares traded in a two-day stretch following the company suspending its direct participation in its Moa joint venture in Cuba, effective immediately.

Sherritt is bringing home expatriate employees in Cuba and has requested that their partners repatriate their staff as well. The company added that it has communicated its decisions in a letter to its Cuban partners. Sherritt's stock hit 35.5 cents a month ago, when it closed a placement of 207 million shares at 21 cents apiece, raising $43.5-million of the $50-million it had been seeking. (Seymour Schulich, a Toronto-based businessman, investor, author and philanthropist, apparently bought 68.6 million of the shares -- a purchase that looks more like philanthropy than an investment today.)

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