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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

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 happyInvestor1on Oct 25, 2022 1:02am

RE:October 20th...

HOLY COW: You were correct.. listen to this, it's in french but he mentionned the batteries and the mineral products to procude it! https://fb.watch/gn9MzsB6M6/
Post by happyInvestor1on Oct 24, 2022 11:43pm

April 23rd 1.22 Million $ of stock purchase at $1.65 insider

https://www.tipranks.com/experts/insiders/daniel--lau Daniel Lau purchased $1.22 millions work of stocks at $1.65. in april, then another 330k this month. I wouldn' t worry about this going to ...more  
Post by happyInvestor1on Oct 24, 2022 11:31pm

insider bought 330k shares at $1.12 Oct 6th!

Daniel Lau's Trading History           Company Name  ...more  
Comment by Eric1212on Oct 24, 2022 10:29pm

RE:October 20th...

Could be, but i wouldn't count on it... If it's goes that way, wow, that bad management would take 5 stars in my eyes.
Post by Hugoooooon Oct 24, 2022 10:25pm

October 20th...

Maybe it is a coincidence but the note released by NIF about obsolete infrastructures was the same day that the CAQ announced new members of the ministry cabinet. Surprise surprise... Pierre ...more  
Comment by Eric1212on Oct 23, 2022 1:11pm

RE:RE:RE:Where are Eric and Bigbird?

I also think that realeasing new share could be a solution. Would both give money and reduce Glencore power. BUT, a good relation with banks could also provide the money... Or worse, Glencore could ...more  
Comment by Scotch12on Oct 23, 2022 12:29pm

RE:RE:Where are Eric and Bigbird?

Does anyone know if Glencore would have to agree to them going to the market to do a secondary to raise money for the repairs.  Presumably that would dilute their position like the rest of the ...more  
Comment by Eric1212on Oct 22, 2022 8:46pm

RE:Where are Eric and Bigbird?

I just saw the drop, thanks to Simply Wall Street portfolio update... That is a VERY VERY poor asset management from Glencore, the bord should stop trusting them NOW...   At under 20 M CAD of ...more  
Comment by JasonBillyon Oct 22, 2022 2:40pm

RE:RE:RE:RE:RE:RE:STRONG AVOID

I wholeheartedly agree with that sentiment.  
Post by DeanEdmontonon Oct 22, 2022 11:30am

You All Are Amazing

Long time since I l;ooked at this board, bunch of you still buying and trying to make sense of a stock with a PROVEN track rcord of screwing shareholders. The history is well docments right on this ...more  
Comment by BSdetector2016on Oct 22, 2022 9:18am

RE:RE:RE:RE:RE:STRONG AVOID

I checked; just some ancient history stuff, nothing recent. As a start NIF should be forced to change their name as "Income" is a misnomer to say the least.
Comment by JasonBillyon Oct 21, 2022 7:28pm

RE:RE:RE:RE:STRONG AVOID

Actually, just to clarify, there are no analysts listed on the TDW site, so in that sense you’re correct. But someone must have written that Action Notes summary.
Comment by JasonBillyon Oct 21, 2022 7:22pm

RE:RE:RE:STRONG AVOID

Evidently, you missed my post yesterday mentioning that TD Waterhouse Actin Notes had said it’s a Buy with a 12-month target of $2. And that was after they repeated all the bad news. Yeah, I know, it ...more  
Comment by happyInvestor1on Oct 21, 2022 3:30pm

RE:RE:RE:STRONG AVOID

Morningstar says 1.24$ fair value in Disnat Valuation Oct 20, 2022 Currency in CAD   NIF.UN is at a 70% Discount.  ...more  
Comment by schocoron Oct 21, 2022 3:23pm

RE:RE:STRONG AVOID

Hmmm. I just dont feel that "consensus forecast" is taking into consideration this weeks news; and I have seen no NEW analyst ratings to indicate that it has. Know your source is usually ...more  
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