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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 > Share Price
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Comment by rjb1954on Nov 17, 2022 10:10am
129 Views
Post# 35106527

RE:RE:RE:RE:RE:RE:RE:RE:RE:Share Price

RE:RE:RE:RE:RE:RE:RE:RE:RE:Share Price1. $5
2. Yes, but...

I think the primary strategy of our group should be to gain a seat on the BOD. If we pool our shares, as has been proposed, I think we should be able to petition NIF for Board representation. I believe that Eric's Group may have critical mass for doing this. Board representation will help to temper GC's behaviour.

Hiring a lawyer could help us in gaining a seat at the table.

I have 125,000 shares, which is probably more than the holdings any of the current Directors.
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