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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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(31)
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Comment by stanleyon Feb 21, 2015 7:25am
128 Views
Post# 23450735

RE:RE:RE:RE:RE:RE:RE:RE:Recent share price

RE:RE:RE:RE:RE:RE:RE:RE:Recent share priceBB:

It is my understanding that unless you request "street form certificates" or delivery of your shares, any shares kept at your broker goes into a pool and becomes the vicarious "property" of the brokerage from which they willingly lend out for shorting. Another revenue stream fror the brokerages.

Seems like the "shorts" are every where, recently as with NIF they shorted a stock (T-NRI) below cash value, in this case was due to a "poor test result". Pretty brazen bunch.

Thanks for giving this board your analysis and historical perspective.

Cheers
Stanley
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities