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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 galvanizedon Nov 23, 2016 4:28pm
96 Views
Post# 25504898

RE:RE:RE:RE:RE:RE:TD and Mkt prices

RE:RE:RE:RE:RE:RE:TD and Mkt prices
There will be many small zinc mines in China and elsewhere that will start up again with higher zinc prices.   The current silver price is also a positive factor for this.
There is always a dynamic push and pull between the miners and the refiners about who gets what share of the pie, but when the price of the metal goes up, the pie gets bigger.
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