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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 > To Fix or Not to Fix
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Comment by BSdetector2016on Oct 20, 2022 10:58am
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Post# 35036237

RE:To Fix or Not to Fix

RE:To Fix or Not to FixQuebec has a long history of interventionist economic policy. If CEZ were to shut down I'm sure that the environmental ministry will be crawling all over the place to ensure that the clean-up becomes an onerous, expensive option. They will be "encouraged" to keep the place running.

One needs to understand the entire history of NIF.UN to make sense of what is happening now.
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