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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 > Earnings release
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Comment by ZincDink1on Nov 03, 2020 3:39pm
125 Views
Post# 31831194

RE:Earnings release

RE:Earnings release
Zinc imports into the USA continue to be strong and will be stronger under Biden.

https://tradingeconomics.com/united-states/imports-of-zinc

Last quarter was hurt by acid and copper prices and I expect they will be significantly better this quarter.

Freaking amazing how cheap this company is and how little interest in majority of share holders (not the large miniority) .

They invested more in the plant in the last few years then the current market value. Still can't fathom why Korea Zinc doesn't want a North America beach head. .
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