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Nuveen New York Quality Municipal Income Fund V.NAN


Primary Symbol: NAN

Nuveen New York Quality Municipal Income Fund (the Fund) is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from regular federal, and New York State and New York City income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal, New York state, and New York City income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality. The Fund invests in various sectors, such as consumer staples, health care, transportation, and utilities. The Funds’ investment adviser is Nuveen Fund Advisors, LLC.


NYSE:NAN - Post by User

Post by makesenceon Aug 14, 2014 2:47pm
205 Views
Post# 22842979

LARGELY IN COMPARISON TO SUDBURY BASIN

LARGELY IN COMPARISON TO SUDBURY BASIN
The Maniitsoq area is underlain predominantly by highly deformed and metamorphosed Archean gneisses. Supracrustal rocks comprise about 10% of the area and consist mainly of amphibolite. Most of the nickel discovered to date is associated with younger, undeformed nickel and copper-bearing norite intrusions that are concentrated in the 15 km wide by 75 km long Greenland Norite Belt (GNB). These intrusions range in size from small dykes and plugs to elongated bodies covering up to 8 square km (such as the Fossilik intrusion discovered in 2013 drilling). Xenoliths of crushed orthogneiss and fluidised microbreccia indicate they postdate an impact event and they are believed to represent open ended magma conduits. Mantle melting was in response to a giant impact event (the Maniitsoq Structure) which is the remains of a gigantic, 3 billion year old meteorite impact event. Sulphide mineralization consists of monoclinic pyrrhotite, pentlandite, chalcopyrite and pyrite. Inclusion-bearing sulphide (i.e. solid sulphide matrix with fragments of host rock) is a common texture. Disseminated, blebby, net texture and vein sulphides are also common. - See more at: https://northamericannickel.com/projects/greenland/maniitsoq/default.aspx#sthash.76ueguyx.dpuf

Norite occurs with gabbro and other mafic to ultramafic rocks in layered intrusions which are often associated with platinumorebodies such as in the Bushveld Igneous Complex in South Africa, the Skaergaard igneous complex of Greenland, and the Stillwater igneous complex in Montana, USA.

Norite is also the basal igneous rock of the Sudbury Basin complex in Ontario, which is the site of a meteorite impact and the world's second-largest nickel mining region.



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