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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 Mar 20, 2017 9:48pm
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Post# 26005397

RE:RE:RE:RE:Finished goods Inventory

RE:RE:RE:RE:Finished goods InventoryWell, if they settle the strike and get back to making zinc I believe it is.  Depending on the TC in the new agreement (an industry insider told me he expected benchmark terms to settle at around $170),  2017 could still be profitable.  But they have to settle the strike, if they don't settle who knows what will happen. 

BB
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Dealroom for high-potential pre-IPO opportunities