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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

OTCPK:NNDIF - Post Discussion

Noranda Income Fund Unit > Press Releases
View:
Post by JCW on Dec 14, 2022 5:36pm

Press Releases

Some nice words and very welcome!!
However, opporunities to return value to shareholders have probably never been as large or ongoing as within recent years and yet there has been a continuing decrease in share price.
Talk is cheap and we are supposed to wait til March for a meeting??
I would hope to see something more definitive and positive in January......JMO.
Comment by schocor on Dec 14, 2022 5:41pm
Yes I read the press releases too and came to the same conclusion; talk is cheap and the independant directors have proven themselves to be incompetent and under invested in the board of the company they are managing.  Kick these bums out in March. That how I will be voting. 
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