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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.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
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Comment by Bigbird999on Feb 18, 2015 3:34pm
107 Views
Post# 23440792

RE:DRIP

RE:DRIPBB is smilin' cuz he did his DRIP yesterday.......500 @ $2.49.

I am also of 2 minds.  I love 20% dividends and accumulating by DRIP, but I am afraid that if it stays low I will be tempted to "bet more of the farm".  At my age and circumstance I really shouldn't.

Somebody was doing there best to keep a lid on it by offering 10 - 20,000 @ $ 2.55,$2.60, 2.65, 2.70 and it keeps blasting through.  Currently level 2 quotes shows 33,000 asked @$2.84. 

BB


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