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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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 Jan 26, 2023 10:49am
158 Views
Post# 35247679

RE:RE:RE:RE:RE:RE:RE:RE:Outlook

RE:RE:RE:RE:RE:RE:RE:RE:Outlook
1Stocky wrote: You may want to consider that half of your "new" board was part of the group that ran this business into the ground for so many years. Things must be really dire if you think that's an better alternative!


Things are quite dire. A new board is the first step in turning this around.

GLencore wants to pay us the value for this smelter two years ago; well things have changed quite a bit in the last two years - both negative and positive - at the smelter. GLencore's lowball proposal actually made me angry and more inclined to reject a higher, fairer offer from Glencore. 

Meh 
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