Noranda Income Fund Unit T.NIF.UN

RE:Why?

[zaphod77]

Zinc Price was down 2-3% today, and is down about 6% on the week.

Think both Zn price and stocks have been pulled down by general weakness in Base Metals... look at trevali today.

IMO, outlook for Zn is better than ever though. If you look at LME Zn stock levels they are dropping fast, and are at the lowest level since August 5th, when spot Zn was trading nearly 20% higher.

https://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Zn_cash