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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.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit > New terms
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Comment by galvanizedon Mar 14, 2020 2:38am
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Post# 30807095

RE:RE:RE:New terms

RE:RE:RE:New terms I liked it.  Obviously the independent directors thought the fixed price terms offered by glencore were lousy and decided to go all spot.  This thing is not like an apartment building reit.  The results are going to be highly volitile.  No risk, no reward.  Enjoy the ride and wear your helmet.
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