OTCPK:NNDIF - Post by User
Post by
Scotch12on Dec 18, 2020 3:46pm
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Post# 32142143
Inflation play
Inflation playZinc and all the biproducts that the Noranda makes money off, copper, lead, & sulphuric acid are all at or near 52 week highs. Copper is at a 5 year high. This is starting to look like a good play on inflation. With all the money printed during the pandemic it is hard to see how there will not be significant inflation going forward. Obviously there is the head wind of low TCs in the next negotiations.