Noranda Income Fund Unit NNDIF

RE:Conference Call

[Scotch12]

Sorry, I wanted to add one point to my previous post. One thing the analysts said on the CC was that there was meaningful excess of zinc inventory on hand and that Glencore was financially profiting from this at CEZ’s expense.   My (very subjective) interpretation – of his line of questioning – was why does management’s apparent execution failures seem to help Glencore and only hurt investors.