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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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 by User

Bullboard Posts
Post by Scotch12on Dec 29, 2016 10:28am
134 Views
Post# 25649729

who does management work for?

who does management work for?That is a very good point Method. I have been an investor for thirty years and I have never seen management consistently paint a more gloom and doom picture than NIF does during the conference calls. They are always in effect talking down the stock. I also find their use of visual slides, during the CC, to show key data very annoying. They know that most people are listening to the call and can't see them. I don't recall them telling shareholders where they could find the slides.

"Canadian Electrolytic Zinc Limited (the "Manager"), a wholly-owned subsidiary of Glencore Canada, aims to achieve the Fund’s objectives by maximizing production, increasing by-products and recoveries and continuing to develop premium products, as well as continuing to minimize unit costs. "
Read more at https://www.stockhouse.com/companies/bullboard/t.nif.un/noranda-income-fund#qS9bW5pK5RuiDx4Y.99
Bullboard Posts