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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

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

Bullboard Posts
Comment by ZincDink1on Mar 07, 2017 4:10pm
101 Views
Post# 25946444

RE:Impairment charges

RE:Impairment chargesYes, but they can be "spun" since you don't know what the true value of a future asset is.

What I notice is once asset impairments happen, the easier they get taken.

Lot of asset charges are to deflate "goodwill" asset - an asset I always find questionable.

I am sure our CFO has crossed all the lines, dotted all the t's, did probability calculations etc. but I still see no reason for the last one.
Bullboard Posts