Noranda Income Fund Unit T.NIF.UN

Primary Symbol: 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.

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Noranda Income Fund Unit > Year end distribution

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Comment by Bigbird999on Dec 19, 2019 9:20am

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Post# 30471894

RE:RE:Year end distribution

They have had several chances to pick up for about half of the cash value of the inventory. And did not do so. Now it wold cost them more than the inventory value. Maybe this time will different but I wouldn't bet on it. I see SP heading towards $4 if they reinstate dividend at 3 cents per month. But who knows??? GLTA the longs.. BB

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