Noranda Income Fund Unit NNDIF

SELL, GET OUT!

[indoubtgetout]

Glencore has NIF.UN all tied up with what it pays NIF.UN - so there is absolutely not upside for NIF.UN - zip, ZERO!!  This rally is a false rally - sell, GTFO - Don't Buy.....the fast money is now trying to GET OUT!!

[ZincDink]

your funny, the fast money. There is no fast money, slow money, smart money,  dum money in a company valued at less than 10 percent of its replacement cost  with a market cap that just climbed over 50 million recently.  Took what, close to a million shares to get this up 50 cents and 20 thousand shares to drop it 20 cents. in 6 months, this will be over 3 as it's competitive

[indoubtgetout]

You Funny Too!!   NIF.UN worthless without Glencore - WORTHLESS!!

[Eric1212]

It's not true, NIF.UN is near worthless mostly BECAUSE of Glencore. NIF.UN always can have direct contract with mines and others dealers as Teck.

[indoubtgetout]

Do you think Glencore is going to release its signficant ownership and control over NIF.UN?  You have to be crazy to think so - they make sooooo much more money by suppressing NIF.UN though its ownership than not.   So, YA - NIF.UN GOING ALL THE WAY BACK TO 90 CENTS!  SELL!

[Eric1212]

Glencore doesn't need to sell it's ownership for changes to happens. The Competition Bureau alone could be enough to kick off changes of behavior making a end to this. Or we could vote for such change without decision of the Competition Bureau regarding our contract assuming before the jugement that this constract is not valid.

[indoubtgetout]

ya RIGHT!!   Go get'm cowboy ERIC1212!!   When was the last time the Competition Bureau has step in anyone's business like this?  Just look at the cell phone market in Canada - do we have lower Cell phone rates after all these years of talk by the Govt that they will get them down??   What makes you think the competition bureau will spend anytime on a

[ZincDink]

Price is more a function of spot TC. When TC were $ 300, price was excess of 2.6 in anticipation that GC would have to release a significant dividend. Then Covid happened and the market makers shorted all refiners anticipating supply disruptions to mines. Now we have refinery energy disruptions with many refiners around the world being curtailed due to electricity cost. China is forcing price

[Scotch12]

  ZinkDink and Eric . Why are you guys giving in "in doubt” the time of day. His is a d-bag. Fine reasonable people have disagreements on the validity of any investment (that is what makes a market). Nif.un may or may not be a good investment.  However, the guy is a jerk and  butt hole. He presents as having no investment long or short in the stock but comes here with his

[indoubtgetout]

Under $1.20 tomorrow....$1.10 on Friday and 90 cents next week.

[ZincDink]

It's exciting,  we finally rate our first troll! we could go weeks without any comments and now we have a troll!  I should probably just place him on ignore, but at least he is someone to express a reasoned argument with. I expect the NIF chart will soon look like the Korean Zinc chart, so no reason to worry.

[indoubtgetout]

Record LOW volume today - a whole 140 shares have traded!!   Its a breakout!!

[ZincDink]

record low? There have been multiple days of 0 trades.