Sherritt shares crater on Cuba sanctions shock

• •Man, talk about a punch to the gut for shareholders.
• •"Shares crater" is no exaggeration, and having to halt operations and repatriate staff, plus losing three directors?
• •That's a pretty heavy hit.

Hey everyone, just read this article on mining.com about Sherritt and the Cuba sanctions (https://www.mining.com/sherritt-shares-crater-on-cuba-sanctions-shock/). Man, talk about a punch to the gut for shareholders. "Shares crater" is no exaggeration, and having to halt operations and repatriate staff, plus losing three directors? That's a pretty heavy hit. Even as someone who doesn't hold Sherritt directly, it’s a stark reminder of geopolitical risk in a portfolio.

I’ve always kept an eye on resource companies, especially those in more "interesting" jurisdictions, because the upside can be massive, but the downside, as we're seeing here, is equally dramatic. My personal strategy has always leaned towards diversification and less exposure to single-country risk, especially in commodities. My retirement portfolio, for example, is far more conservatively weighted. But for those of you who were in Sherritt, or even watching from the sidelines thinking about it, this must be a tough pill to swallow. It makes me think about some of the smaller cap miners my brother-in-law is always talking up – they might have big potential, but what kind of political or regulatory risks are they really exposed to? This kind of news really highlights why due diligence on these external factors is just as important as the balance sheet.

What are your thoughts on this? Did anyone here hold Sherritt? Or does this change your perspective on investing in companies with significant operations in politically sensitive regions? Interested to hear how this kind of event impacts your investment decisions.