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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 > Interesting no new deal on TC
View:
Post by ZincDink on May 24, 2022 4:46pm

Interesting no new deal on TC

Lets see, if we were correct that spot treatment TC were used, the current spot is around 250 vs low of 80. Zinc premiums still near, darn, can't remember, lets say 16 cents or 50 percent more than current contract. I just wish I could have seen the total lack of interest and cherry picked these low prices.

Time to take out a 4th mortgage (without telling the other 3) and going all in.

The clowns driving this car are going to have an incredible time trying to siphon all the profits off (though I am sure they are willing to try for the good of the mother corp).
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