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Noranda Income Fund Unit NNDIF

Metals & Mining Industrial Metals & Minerals
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

Noranda Income Fund Unit > Imagine that
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Comment by iwasgoldon Oct 27, 2019 12:30pm
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Post# 30274146

RE:Imagine that

RE:Imagine thatdarn right. This is exactly what Glencore is doing to Noranda and Trevali. The end goal is to load up companies with debt then acquire through wiping out shareholders. Maybe the Trafigura case is what Glencore has in mind when it says "market terms". The two situations are identical.
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