Noranda Income Fund

NIF.UN-T

Analysis and Opinions about NIF.UN-T

Signal
Opinion
Expert
BUY
BUY
May 6, 2005
Have been buying when it fell below $12. A very stable income trust. Has a lot of subordination built into it. 25/30% of the fund is owned by Noranda. Very little, if any, exposure to the commodity price. The one knock against it is that it is a one facility type of fund.
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Have been buying when it fell below $12. A very stable income trust. Has a lot of subordination built into it. 25/30% of the fund is owned by Noranda. Very little, if any, exposure to the commodity price. The one knock against it is that it is a one facility type of fund.
VAGUE
VAGUE
February 4, 2005
Noranda, the parent, owns 25%. There is a 15 year supply agreement to supply raw zinc to Noranda, so if Noranda is sold, the income fund is protected.
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Noranda, the parent, owns 25%. There is a 15 year supply agreement to supply raw zinc to Noranda, so if Noranda is sold, the income fund is protected.
DON'T BUY
DON'T BUY
January 15, 2003
Reserve life is limited. Prefers Noranda Mines.
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Reserve life is limited. Prefers Noranda Mines.
WEAK BUY
WEAK BUY
August 12, 2002
Very efficient plant. Easy transportation. Not bad. If you are bullish on zinc, buy Noranda direct.
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Very efficient plant. Easy transportation. Not bad. If you are bullish on zinc, buy Noranda direct.
Showing 46 to 49 of 49 entries