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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 Jun 29, 2019 5:34pm
166 Views
Post# 29876376

T-Minus 25 days :-)

T-Minus 25 days :-)Sitting and waiting patiently as time goes by... as per prior posts it would appear the share price has stagnated because the last quarter might have turned off new investors looking at the company.

Hopefully that will change as next quarter hits and we see a nice profitability as the low cost inventory flows through to the bottom line. 

We'll probably also get some clarity on the dividend.

On the inventory side were 2 months into new TC concentrate coming in the front door, with 1-2 months left of old TC concentrate inventory left to process.

Time is our friend.

GLTA




Bullboard Posts