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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 ZincDink1on Mar 25, 2021 1:14pm
93 Views
Post# 32876196

RE:Action ! Noranda

RE:Action ! NorandaEric,

So good to hear from you. Can you believe that we are at this valuation? Especially after they dumped several millions of our money upgrading the plant?

One problem glaring with your proposal is dividends based on profitability. How will we ever know what our profitability is when we never get the TC as public record? The only way maybe out of this is to get an independent CFO.

GC operatives permeate NIF so deeply, its hard to understand why they just don't finish retail investors off with a stink bid. Maybe they want to rip off the retail like Nyrstar. My tough calculations suggest retailers have to be left with 10 M$ in value to be comparable to the pillaging that Trafigura did on Nrystar retail. Way things are going, there is a good chance they can do this.
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