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Gold/Mining/Energy : Copper Fox

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To: louel who wrote (10224)5/17/2016 11:40:50 AM
From: Hog Head  Read Replies (1) of 10654
 
NIF.UN hit hard today, down 25%+.

I have been watching it the last several weeks, but luckily didn't pull the trigger.

Seems their lucrative agreement with Glencore for zinc concentrate processing may (likely?) not be renewed and there may be some issues securing enough zinc concentrate to process after 2017.

Does anyone know anything more on this story? That 25% drop could be a great entry point, but the future seems questionable right now.
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