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Bullboard - Stock Discussion Forum Noranda Income Fund Unit 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.

Bullboard (OTCPK:NNDIF)

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Comment by Bwrbhkon Nov 04, 2022 4:22pm

RE:Globe headline about Glencore

Yes, a very sad state of affairs.  Last year Noranda paid the  four so called "independent trustees" a total of $627,000 (US$) for doing what Glencore wanted them to do, mainly ...more  
138
Discussion
Comment by happyInvestor1on Nov 04, 2022 9:49am

RE:Globe headline about Glencore

Nothing new under the sun, look at SNC Lavalin... nothing happen, look at this article from june 22, https://www.biznews.com/news/2022/06/14/glencore-corruption plus they are the customer not us. ...more  
102
Discussion
Post by Compypaulon Nov 03, 2022 11:00pm

Globe headline about Glencore

Globe and Mail is reporting that Glencore has been hit with $315 million in penalties for an elaborate bribery scheme in Africa. This, unfortunately, is the company we are indirectly dealing with when ...more  
200
Discussion
Comment by happyInvestor1on Nov 03, 2022 9:16am

RE:Next conference call

Hi. We should slowly get back to a $1. I guess with news we should get around 55 cents-60 cents. within a year we should get back pass $1. Cheers. Chris
82
Discussion
Post by Scotch12on Nov 02, 2022 8:47pm

Next conference call

Still no official announcement regarding the next conference call.  I see on the company site it implies it will be November 15.   Presumably, we will get an update then on repairs ...more  
167
Discussion
Comment by ZincDinkon Oct 28, 2022 5:42pm

RE:RE:RE:Are we halted?

Yeah, at the time he asked though, there was no volume.
96
Discussion
Comment by Hugoooooon Oct 27, 2022 9:57pm

RE:RE:Are we halted?

I will not say that the volume is back to normal, it is still high for NIF. In my opinion, actual volume is the aftershock of the selloff due to major infrastructure problem note.
90
Discussion
Comment by ZincDinkon Oct 27, 2022 10:45am

RE:Are we halted?

Nope, just back to regular trading volumes
78
Discussion
Post by happyInvestor1on Oct 27, 2022 9:52am

Are we halted?

Are we halted?
120
Discussion
Post by Bwrbhkon Oct 26, 2022 10:57pm

Spot TC’s in China

SMM (Shanghai Metal News) just posed that spot TC's for imported zinc concentrate in China have increased by $35/t to an average of $265/t.
202
Comment by rjb1954on Oct 26, 2022 3:25pm

RE:RE:Is a Turn-around Possible? My Thoughts

I am optimistic because I don't think GC will kill off its Golden Goose. In this case it is a goose which lays zinc eggs. To make the project economic, GC just has to relax its hold on TCs a bit. ...more  
131
Discussion
Comment by ZincDinkon Oct 26, 2022 3:19pm

RE:RE:Is a Turn-around Possible? My Thoughts

Well, if they can keep the plant running at todays TC, they should make almost enough money to finance the project alone. This grift sounds like they want government and other shareholders to upgrade ...more  
107
Discussion
Comment by JCWon Oct 26, 2022 2:29pm

RE:Is a Turn-around Possible? My Thoughts

I am in the same boat and share your thoughts...There's a lot of potential here but my concern is that we (unitholders) don't lose our share of the potential in the process  ...somehow... ...more  
108
Discussion
Post by schocoron Oct 26, 2022 12:52pm

Is a Turn-around Possible? My Thoughts

I am QUITE underwater on this stock after the cell house news, and I have very little faith in the company or its management from an operating perspective.   That being said, +$100M investment in ...more  
151
Discussion
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