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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 > Can't Believe You Guys Are Still At It!!!
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Comment by schocoron Jun 14, 2022 1:01pm
142 Views
Post# 34755483

RE:Can't Believe You Guys Are Still At It!!!

RE:Can't Believe You Guys Are Still At It!!!I hear you. I have followd this one for a while and JUST started buying. 

While I agree that Glencore will screw us out of 75% of the profits, I believe that profits genereted at CZE will be so high in the next two years that the 25% we are not getting screwed out of will support a higher sales price. 

And If I am wrong - I cant say I havent been told. 
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