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 ZincDink1on Apr 08, 2019 6:39pm

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Post# 29599169

RE:RE:RE:RE:RE:RE:T Minus 28 days -)

Start here.

https://www.norandaincomefund.com/investor/agm_materials.php

Wow, you are recent if you bought just over $ 1. IMHO, 2 things can happen.

1) Dividend begrudgingly restored. If the old TC applies, they should be able to give 0.03/mth. A 15 % divy would be excellent heck, you may be getting 30 % Since you already doubled your money, its just more gravy
2) Glencore buyout. It will be a low price, but with hedge funds involved, it won't be cheap.

If you have something better to do with your money, sure, sell. I have been holding for a while now at an average of 2.3 (I had some very negative internal discusions with my ego) and will continue holding.

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A junior copper-gold stock trading at a bargain of monumental proportions