Noranda Income Fund Unit T.NIF.UN

RE:RE:RE:Management and the union have agreed to bring in mediator

[Armcorp]

I am of course looking at the zinc market from the point of view of Glencore, who control CEZ and Noranda and who have the final say in whatever settlement is accepted on the company side.. I dont think you can argue that making and selling more zinc when the price is high is a bad thing....Glencore could have settled in February and made and sold enough zinc to pay for it with money left over. If you think Glencore is not part of the picture, as your reply suggests, then you are more naive than you appear.