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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.
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Bullboard (OTCPK:NNDIF)
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(1)
•••
JasonBilly
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Post by
JasonBilly
on Oct 20, 2022 3:11pm
Volume
Average daily volume over three months is just over 21.5 thousand. Today, so far, over a million shares have changed hands. I can't help wondering who's buying.
(149)
•••
ZincDink
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Post by
ZincDink
on Oct 20, 2022 2:22pm
Where are Eric and Bigbird?
Where are Eric and Bigbird?
QMET has 11 claims and 633 hectares Property in Ville-Marie, Quebec Hydrogen Camp
posted Nov 25, 2024 9:00am by
Q Precious & Battery Metals Corp.
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|
The Company is pleased to discover that their Lorrain claims are now within the new and exciting exploration for hydrogen in the Ville-Marie, Lorrainville and Béarn region of Quebec. The region has undergone a claim staking rush following the ...read more
(149)
•••
ZincDink
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Post by
ZincDink
on Oct 20, 2022 11:17am
Wow - tad dramatic
My interpretation was company will do repairs that will allow for continued operations, presumably for short term where I define short term as 1 to 2 years while procuring new cells etc. If they can
...more
(125)
•••
schocor
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Comment by
schocor
on Oct 20, 2022 11:07am
RE:RE:To Fix or Not to Fix
Apprciated. I woud llove a bumper sticker version of that NIF.UN history is and when time permits. I am well aware of the Glencore self dealing, I honestly just didnt think nthey woud lbe quite so
...more
(587)
•••
BSdetector2016
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Comment by
BSdetector2016
on Oct 20, 2022 10:58am
RE:To Fix or Not to Fix
Quebec has a long history of interventionist economic policy. If CEZ were to shut down I'm sure that the environmental ministry will be crawling all over the place to ensure that the clean-up
...more
(125)
•••
schocor
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Post by
schocor
on Oct 20, 2022 10:52am
To Fix or Not to Fix
I am assuming that they WILL spend the money to fix this plant. It is run terribly, but Quebec is a good juristiction for a zinc refinery (electricity) and lets be honest, we are still a better
...more
(587)
•••
BSdetector2016
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Post by
BSdetector2016
on Oct 20, 2022 10:29am
It's toast - DOWN 69%
I think most people in the know are aware of the game being played. There is no way that zinc smelting in Quebec could not be profitable. The process is electricity intensive and Quebec practically
...more
(3)
•••
JCW
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Comment by
JCW
on Oct 20, 2022 10:15am
RE:It's toast - DOWN 65%
Guess whose picking up the shares ....hahaha....cheapest buyback GC could ever get .....JMO...
(21)
•••
rjb1954
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Comment by
rjb1954
on Oct 20, 2022 10:15am
RE:RE:RE:We are Officially in Trouble - Todays NR
When everyone else becomes fearful, I get greedy. Warren Buffett
(587)
•••
BSdetector2016
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Post by
BSdetector2016
on Oct 20, 2022 9:55am
It's toast - DOWN 65%
Game over...
(16)
•••
scarface9
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Comment by
scarface9
on Oct 20, 2022 9:37am
RE:RE:We are Officially in Trouble - Todays NR
Down 55%. Wow
(149)
•••
ZincDink
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Comment by
ZincDink
on Oct 20, 2022 2:57am
RE:We are Officially in Trouble - Todays NR
No, they will have the money to fix it...they won't have money to pay out dividends like they should for the forseeable future. How much has been invested in the last decade upgrading the plant
...more
(17)
•••
Bwrbhk
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Comment by
Bwrbhk
on Oct 20, 2022 12:06am
RE:RE:We are Officially in Trouble - Todays NR
I agree, they just spent $48 million to fix up the front end of the plant and expand capacity and now tell us that they may need another $100 million to replace the cell house equipment. There
...more
(149)
•••
ZincDink
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Comment by
ZincDink
on Oct 19, 2022 11:14pm
RE:RE:We are Officially in Trouble - Todays NR
"Although lower production levels are having a negative impact on our overall profitability, the current positive market conditions are providing an important level of financial support during
...more
(149)
•••
ZincDink
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Comment by
ZincDink
on Oct 19, 2022 11:01pm
RE:We are Officially in Trouble - Todays NR
This seems unbeliviable. During the best condistions for production, suddenly the plant falls apart. I will wait for the lawsuit. This is deliberate sabatogae by GC
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