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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 > Some sizeable trades lately
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Comment by schocoron Oct 07, 2021 3:35pm
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Post# 33983590

RE:RE:RE:RE:Some sizeable trades lately

RE:RE:RE:RE:Some sizeable trades latelyI think the volume is simply people - like me - who has recently decided now is the time to buy here. Access to cheap, reliable electricity means this zinc smelter can fare the worldwide energy shortage better than most other electrolysis plants. The fact that most other zinc smelters face higher cost, should bode well for us when treatment charges are renegotiated in March/April. No dividend this year I assume, but the future here is starting to come into focus....hopefully.
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