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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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 > We are Officially in Trouble - Todays NR
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Comment by ZincDinkon Oct 20, 2022 2:57am
180 Views
Post# 35035493

RE:We are Officially in Trouble - Todays NR

RE:We are Officially in Trouble - Todays NR No, they will have the money to fix it...they won't have money to pay out dividends like they should for the forseeable future.

How much has been invested in the last decade upgrading the plant? 80 M$? Now they need another 100 M$?

Well, lets see if we can break 90 cents tomorrow.

Sometimes bad news was baked into a stock price, and the bad news isn't as bad as expected and you get an actual pop.

This isn't one of those times.
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