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Noranda Income Fund Unit 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 schocoron Dec 20, 2022 10:31am
123 Views
Post# 35182000

RE:RE:Shock to the upside!

RE:RE:Shock to the upside!
Scotch12 wrote:
I assume you are talking about the 3 cent dividend just announced?

https://www.stockwatch.com/News/Item/Z-C!NIF-3345581/C/NIF


I for one did not expect the $.03 dividend this year; but I will take it. 

It kind of feels to me like the CURRENT BOD is trying very hard to show that they care about unitholders after the special meeting to elect NEW board directors was called. THey have mentioned their devotion to unit holders in each of the 4 press releases Nornada has put out since meeting call by the 20% shareholder group. 

Well I say tough Glencore. You can take us out for $2.50 a share, but I will NOT vote for one of your puttet directors in march. 
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