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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

Comment by Finalsayon Aug 11, 2020 10:02am
137 Views
Post# 31392124

RE:Seller

RE:SellerYah zinc has made a really nice recovery from cash buyer value of $1773.50 on March 26th to 2368.50 today. However it has been very difficult holding on to this position. I have a pretty small portfolio and this is my largest holding by far. I was tempted many times to sell and move the funds to another investment with the intention on buying again later likely at the same price as I felt this stock wasnt moving anywhere in the short term. I definitely regret not having done that. I have some massive gains in my other positions that have pretty much made up my entire loss now in NIF. At the same time I know you cant dwell on every move you did or didnt make in investing. Happy I've seen large gains in my other positions and I look forward to analzying this play 2-3 years from now. 
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