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Noranda Income Fund Unit 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 Bigbird9999on Feb 21, 2017 10:04pm
161 Views
Post# 25875167

RE:a few things

RE:a few thingsThanks for pointing us to Sedar for the contract.  As you said they have redacted the TC and metal premiums which makes it impossible for the shareholders to estimate the earnings potential of the Fund.  Without disclosure of these key terms we are forced to accept the word of a conflicted board as to the potential earnings and value of  the enterprise. 

Don't overlook the fact that this is an Income Fund not a corporation.  I contend that the shareholders have a right to know this information. 

BB
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