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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
Bullboard Posts
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(14)
•••
Comment by quest13on Nov 02, 2010 9:46am
247 Views
Post# 17644220

RE: Is that the smell of greenmail? EOM

RE: Is that the smell of greenmail? EOMNearly all I can say is Wow!!!!!

I am flabbergasted!!!

I hope that they will now proceed to actually refinance on reasonable terms and start paying the distributions again.

If they do then the price of the units will rise and we will also benefit while the hedge funds sell their investment at the higher prices.

If it is greenmail then we are out of luck.

Good luck to all of us.
Bullboard Posts
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