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Noranda Income Fund Unit 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

Post by iwasgoldon Oct 09, 2019 4:21pm
324 Views
Post# 30213874

1.4

1.4Is this a time to move in again? I am not sure, but  (and I hate when people say this...sigh...)  I bought some at 1.4   A gamble for sure....hoping that there is a divvie, no matter how small, and that TC's don't collapse on the back of sudden shut-down of some mines causing concentrate shortage.  Here's hoping instead the economy contracts further and zinc goes into surplus, leading to stable or higher TC's for a few years....So tempting fate, this was my move, looking for a better year then we have seen in a while...
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