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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 galvanizedon Sep 29, 2021 9:23pm
144 Views
Post# 33941735

RE:RE:RE:Stupid energy decisions in Europe could help NIF

RE:RE:RE:Stupid energy decisions in Europe could help NIFI posted about this issue of likely higher energy prices in europe on this board several years ago, and sure enough, my sturdy zinc coated helmet has turned into a crystal ball. Europe and UK have sleeped walked into a very severe energy crisis, because Greta.  Nyrstar's netherlands zinc refinery is feeling extreme pain and can't operate at the kind of energy prices they are facing right now.  Only those zinc refineries that enjoy cheap hydro power + cheap natural gas  (Like NIF.UN) are going to be successful going forward. Hold your shares, soldiers of the ape army, this thing is going much much higher.
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