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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

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

Comment by Scotch12on Jul 26, 2022 5:17pm
139 Views
Post# 34852228

RE:Conference Call

RE:Conference CallSorry, 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. 

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