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.

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Noranda Income Fund Unit > Seller

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Comment by ZincDink1on Jul 22, 2020 10:20pm

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Post# 31305568

RE:RE:RE:Seller

Thanks.

Interesting that it is another lawyer.

Expecting this quarter to be a bit weak. Sounds like TC dropped a fair amount which maybe offset by the rise in the price of zinc. Actually, kind of interesting that the price of zinc has recovered back to February...could NIF price recover back to February?

A lot of zinc mines have comeback on stream, so I expect we will see TC creep back to Feb numbers.

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