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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.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit > Why woudl I ever invest in Noranda? Help please
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Comment by Paykel2on Nov 27, 2020 5:08pm
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Post# 31992779

RE:RE:Why woudl I ever invest in Noranda? Help please

RE:RE:Why woudl I ever invest in Noranda? Help pleaseI have obviously been critical of Glencore and their respect for shareholder value but I am long on Noranda. Without covid, this could have been a $3.75+ per share stock today and I believe it will be.

If you look at the stock screening criteria that Benjamin Graham would have used, Noranda was and still is a great investment. Warren Buffet was Benjamin Grahams best study!

Noranda has weathered many very difficult circumstances over several years and is still standing on it's feet solidly.

I will always fight for shareholder value but that doesn't mean that I am negative on Noranda!




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