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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
Post by Northforce13on May 06, 2019 1:16pm
198 Views
Post# 29715521

T Minus 79 days

T Minus 79 daysWell, 79 days till our next batch of catalysts for the share price.

We could see some form of buyout before then.  Replacement cost of this company would be > 15.00 per share.  

Looks like weak hands have been selling for the past few days.  Sure is fascinating.  Doing analysis of this company puts its value at > 5.00 i n6 months.  I wonder if some of the people selling arrive at the same valuation conclusion, but sell out of fear that the share price might decline in the short term, even though it is probably going to pop 5.00 in 6 months or so.

How tiny can people's brains be?  hehe

I'll be sitting and watching for a few months, be interesting to see how all this plays out.

GLTA


Bullboard Posts