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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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 > Zinc Premium about 40 cents per pound
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Comment by Bwrbhkon Sep 08, 2022 6:59pm
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Post# 34950841

RE:RE:RE:Zinc Premium about 40 cents per pound

RE:RE:RE:Zinc Premium about 40 cents per poundAt June 30th the company had sold forward 246 million pounds of zinc.  The price of zinc on June 30th was $1.47/lb.  If the price of zinc is below $1.47/lb. at Sept. 30th there could be another small derivative gain in the 3 rdQ.  
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