Hot Railroad Companies To Buy For 2015

Hot Railroad Companies To Buy For 2015: Mesabi Trust (MSB)

Mesabi Trust operates as a royalty trust in the United States. The company produces iron ore pellets. It holds interest in the Peter Mitchell mine located in the Mesabi Iron Range near Babbitt, Minnesota. The company holds various agreements with the Northshore Mining Company that mines iron ore, which is in the form of taconite, crushes it, separates the iron particles from the non-metallic, and forms the resulting concentrate into pellets that are shipped for use in steel-producing blast furnaces of customers of CCI, a mining company that produces iron pellets in North America. Mesabi Trust was founded in 1919 and is based in New York, New York.

Advisors' Opinion:

• [By Selena Maranjian]

  Patience, Grasshopper
  For starters, imagine that you invested in Mesabi Trust (NYSE: MSB  ) about a year ago and you're down some 20% on your investment. Your holding might be looking to you like an answer to the question, "What is investment panic, Alex?" But don't be so hasty. Ask yourself why you bought it. Mesabi Trust is a royalty trust that receives and then pays out to shareholders a portion of the proceeds from iron mined by aCliffs Natural Resourcessubsidiary. Some might avoid it because royalty trusts often have expiration dates, but it's worth noting that Mesabi's is ratherfar away. But slowdown in demandfor ore is a concern, one that has beenan issue for Cliffs, too.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/hot-railroad-companies-to-buy-for-2015-3.html