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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 Bigbird9999on Jan 20, 2017 3:32pm
202 Views
Post# 25735262

January Distribution Just Announced

January Distribution Just AnnouncedThe usual....... 2.5 cents per share Record Jan 31.

Next big event will be Q4 and 2016 earnings release in Late Feb/ Early March. Q4 earnings and financials should be strong.  I do not believe they can/will do anything with the distribution before this is released.

At ths time they will have to tell us in at least general terms the projected concentrate TC for May - Dec  2017.  Undoubtably it will be pessemistic but as previously stated I believe that the dividend is sustainable for the long term

BB


Bullboard Posts