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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 Bigbird999on Feb 19, 2015 12:15pm
141 Views
Post# 23443952

RE:RE:RE:RE:RE:RE:RE:RE:RE:Holy Smokes! Another dividend.....

RE:RE:RE:RE:RE:RE:RE:RE:RE:Holy Smokes! Another dividend.....I'm not really a tin foil hat kind of guy.............In general, I am pretty risk adverse.  I see this stock as an overlooked, hidden gem that is way underpriced.

Stock price doesn't really matter to me.  I see a steady stream of $1500 dividends for the next couple of years and then a buyout at something like $5 to double up the invested amount. 

If it were to jump to $5 tomorrow I would probably sell half my position and keep half at a zero cost base. 

BB


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities