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 > New Quarter - Fingers Crossed on Production Figures

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Comment by Hugoooooon Oct 07, 2022 12:21am

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Post# 35011458

RE:New Quarter - Fingers Crossed on Production Figures

schocor wrote: Well with the quarter now completed, I really HOPE that we had better production that the first two quarters of this year.

I believe that is all that is holding this stock back from a higher valuation; Europe is going to be an energy mess for years, and the spill over of that mess should mean higher gas prices worldwide – but especially in China and Korea. This mined concentrate has to go somewhere (else), and I hope Noranda is able to get higher TCF that the first half of this year as well.

it will be flat in my opinion. Ultimately, having NIF is be a shareholder of one and unique plant... It is micromanagement, they have to revolve their staff issue and smelter improvement done. And many thanks to Hydro Qubec for the power deal.

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