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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

Post by galvanizedon Mar 20, 2020 12:40am
209 Views
Post# 30829240

China getting back to work....

China getting back to work....China is the world's largest user of zinc by far.   My chinese friends tell me things are starting to go back to normal so I would hope the zinc price will soon stabilize.   My only current worry is the zinc price falling too low, that mine supply starts to go offline, resulting in lower treatment charges.
FWIW, I hear COVID-19 can't live on a galvanized surface, so I reccommend the use of a galvanized steel face mask and galvanized chain mail gloves during the current panic pandemic.  Stay Safe!
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