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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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
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Comment by dbcaron Dec 29, 2014 11:17am
160 Views
Post# 23269011

RE:Actual Value of t.NIF.UN

RE:Actual Value of t.NIF.UNWell, the first thing I would change is the # of shares outstanding should be 50mm, reflecting the 12.5mm shares owned by Glencore. (although they don't get the dividend paid in cash...they accrue)
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities