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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 > I love the smell of sulfuric acid in the morning...
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Comment by schocoron Jun 29, 2022 12:07pm
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Post# 34790704

RE:RE:RE:RE:RE:RE:RE:RE:I love the smell of sulfuric acid in the morning...

RE:RE:RE:RE:RE:RE:RE:RE:I love the smell of sulfuric acid in the morning...Where did you get the historical prices for sulphuric acid for this company? As far as I have seen they just report it as a byproduct credit (along with copper etc). 

And you are able to correlate the Noranda suphuiric acid price with the market? Another data set I struggle to get a good read on as it doesnt trade like copper, zinc, alluninium etc. 

I like financial modelling as much as the next guy, but I dont actually believe you have the data to do the analysis yuo are sugesting you did ljp101. 

"They use suphuric acid in fertalizer; there is a shortage of fertalizer. Noranda makes sulphuric acid and the price is going up. This is good for Noranda shareholders." That about as detailed an anlaysis/statement as you can get here in my opinion. 
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