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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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(31)
•••
Deev86911
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Comment by
Deev86911
on Feb 23, 2023 4:51pm
RE:RE:RE:Voting cut off to log in and change your vote to yes
Just a regular shareholder would not keep trying to get everybody to except the status quo. The only time you lose is when you accept or sell a little bid The company is willing to pay this because
...more
(14)
•••
Stocker55
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Comment by
Stocker55
on Feb 23, 2023 3:40pm
RE:RE:Voting cut off to log in and change your vote to yes
Nope, just a regular shareholder like the rest of you who figured this was the best we would get. How anyone votes is none of my business, just posted the info because I though it would be helpful to
...more
(1)
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JasonBilly
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Post by
JasonBilly
on Feb 23, 2023 2:50pm
Is this now a done deal?
I'm probably missing something but don't retail investors collectively own units just short of 60 per cent of the total? I understand that there will be some who would prefer to accept the
...more
(483)
•••
BSdetector2016
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Post by
BSdetector2016
on Feb 23, 2023 2:10pm
European Smelters?
Give me a break. There is NO WAY that they can be cost competitive with Hydro Quebec. Besides they'll have another 40 degree summer and everyone will have their air conditioners switched on.
(88)
•••
Martincat
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Post by
Martincat
on Feb 23, 2023 1:06pm
Voting deadline
Why would a uniholder change his vote now, if of the opinion that the offer is too low? The unitholder can just wait for the results....If the latest offer is accepted, an advisory will be sent
...more
(149)
•••
ZincDink
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Comment by
ZincDink
on Feb 23, 2023 12:45pm
RE:RE:Why are the dissidents accepting such a low offer?
Well, the European smelters will probably come back, but its really TC that are the main driver and China determines that. Right now, TC are stable. I could see the board room meetings being
...more
(149)
•••
ZincDink
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Comment by
ZincDink
on Feb 23, 2023 12:41pm
RE:Voting cut off to log in and change your vote to yes
Is this the CFO posting? Never posted before
(2)
•••
JCW
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Comment by
JCW
on Feb 23, 2023 12:15pm
RE:RE:Why are the dissidents accepting such a low offer?
Thanks to the several knowledgeable posters ....your info has been valuable and has kept me in to a little better than break even ....could have lost on that one!! GLTA
(126)
•••
schocor
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Comment by
schocor
on Feb 23, 2023 12:09pm
RE:Why are the dissidents accepting such a low offer?
Thre is European smelters MAY come back on line this summer; which woudl crimp the economics on the MOntreal plant. The dissidents did get a reasonable price, and they probably didnt really want to
...more
(126)
•••
schocor
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Comment by
schocor
on Feb 23, 2023 12:07pm
RE:RE:artificially dropped share price to about $0.4
Yes Glencore drove a hard bargain, and some of theri tactics were dubious; but nobody is giong to sue them....successfully that is. My investmetn review of this holding will result in some
...more
(14)
•••
Scotch12
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Comment by
Scotch12
on Feb 23, 2023 11:43am
RE:RE:artificially dropped share price to about $0.4
Some lawyers will give you a free half hour consultation. Check with them first. Sounds like a difficult case to prove and would likely be costly. I think we have all
...more
(149)
•••
ZincDink
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Comment by
ZincDink
on Feb 23, 2023 11:43am
RE:RE:artificially dropped share price to about $0.4
It was a dirty way to announce the need for the cell upgrade. I am certainly suspicious but it is really difficult to prove things like this in court. GC didn't buy the shares during the dip but
...more
(149)
•••
ZincDink
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Post by
ZincDink
on Feb 23, 2023 11:40am
Why are the dissidents accepting such a low offer?
We all know the valuation should be much higher. What happens if it is rejected? Can GC just run everything into the ground? Lessons to be learned - never get involved with a GC backed company
...more
(2)
•••
baroda
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Comment by
baroda
on Feb 23, 2023 11:01am
RE:artificially dropped share price to about $0.4
when they announced about US$100 million repair cost, which is about twice market cap at the time of announcement some long time investors like me sold the shares. In my opinion they did this to
...more
(88)
•••
Martincat
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Post by
Martincat
on Feb 23, 2023 10:13am
NIF New Offer
Uniholders can still vote against,,,,and tender their units if the offer is accepted.
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