Noranda Income Fund Unit T.NIF.UN

RE:The big question

[Armcorp]

Glencore loved to tell us that market terms were here, and used it to rob us of our profits. Now that market terms are clearly in our favour they are using it again, but this time to justify mixing spot with contract pricing. So now market term means something else than it did before!  Let's face it peeps, these guys are robbers.  If it was truly open market terms then there would be zero reason for Glencore to be secretive about it.  They are, so it isn't!  I hope that the 10% capital fund sees this shell game for what it is and does something about it.  I read somewhere in a Noranda filing that if the independent trustees and Glencore do not come to an agreement over TCs, there is a formula "waiting in the wings" that applies to establish the pricing.  If this is true, it follows that both Glencore and the trustees know in advance what the formula will establish, which makes it impossible for the trustees to do any better than it (whatever it is). So how is that negotiation? The game is rigged by Glencore.