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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 6:40pm
127 Views
Post# 25505568

RE:Market Terms

RE:Market TermsSpeaking of Nyrstar look at the chart of their share price.  114 euros in 2007 to 6 today.  I expect some of their smelters in contenential europe to be forced to close over high power prices. There are many nuclear and coal power plants in Europe scheduled for closure.  Cheap electricity in Europe is now a thing of the past.  With cheap Quebec hydro power, NIF will be the last man standing.
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