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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 > Comparing valuations
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Comment by ZincDink1on Mar 19, 2021 5:42pm
110 Views
Post# 32843303

RE:RE:Comparing valuations

RE:RE:Comparing valuationsNot sure if there are any instituitions holding this. Few smaller groups, but who knows if they are still holding.

We don't even know for sure what ther TC terms are...what is market conditions? Is it spot or based on spot or based on some complex number inbetween? All we know is revenue has gone down while zinc price has gone up.

Guess we will find out soon enough if we continue under spot.
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