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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 Armcorpon Dec 17, 2016 1:34am
109 Views
Post# 25613834

RE:RE:RE:Glencore is prospering, why don't they dip into petty cash

RE:RE:RE:Glencore is prospering, why don't they dip into petty cash What you say seems all true and good, but there already has been a divvie cut from 50 cents to 30...and nothing happened...so would shareholders react any different this time? I suspect not...an activist shareholder is required...or a lawfirm willing to take this on. It would fly in the States, but I know nothing about the laws here.  In the States the lawfirms take the lead, by trolling for shareholders willing to sign up. Maybe we should do some inquiries with Canadian firms.

If the cashflow is good why can't they resume the 50 cent divvie now? 
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