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Bullboard - Stock Discussion Forum 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 Discussion

Noranda Income Fund Unit > Zinc Premiums Record Highs
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Post by ZincDink on Mar 08, 2022 2:24pm

Zinc Premiums Record Highs

No more of the bs 7 cents per pound. We are closer to 20 cents per pound. TC on spot market are double and China smelters finally realizing they are losing money.

Its unbelievable how poorly the market continues to value NIF.

My hope is we can get back to at least half of the old divy.
Comment by Eric1212 on Mar 08, 2022 7:32pm
I think the market will wait for longuer good results... 2-3 years before getting better (6-10 $) as a price per share.. For shorter term, i think we all way to see how much Glencore will take out of thoses good market conditions !
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