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Noranda Income Fund Unit 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 > They have an agreement!
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Comment by Scotch12on Jun 07, 2022 7:14am
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Post# 34736235

RE:RE:RE:RE:They have an agreement!

RE:RE:RE:RE:They have an agreement!
I think the "independent board's" interests are not aligned with shareholders.   They have at best small positions in Noranda.   As long as CEZ can keep the lights on they collect their  salary.  Who ever decided to hedge, in the manner that  it was executed, when we were in a inflationary environment is not competent.
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