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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Metals & Mining Industrial Metals & Minerals
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

Noranda Income Fund Unit
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Comment by Longbearon Mar 23, 2017 12:16pm
107 Views
Post# 26020725

RE:RE:RE:Short interest remaining pretty constant

RE:RE:RE:Short interest remaining pretty constantThanks HA.....I understood that  shares offered for sale cannot be borrowed by a broker to satisfy a shorter....So in theory, if all longs put their shares or units up for sale, it would be much more difficult to do shorts...Their are no rules as to what the asking price can be...It only has to be high enough so there are no buyers if the seller does not like the mkt price....One could put a sell order at $6. which is closer to the actual breakup value of NIF in this case...Do I have it right?
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