Great Northern Iron Ore Properties (GNI)

[EliteYoda]

Yea, it seems to be a bet on ore prices because if one holds all the way to 2015 and brings in X dollars from all of the dividends from now until that point, but then in the last year or years of the trust the price per share drops then fair value for the shares is lower, but if somehow the trust will keep price per share up all the way to the end (on top of the high div) perhaps by way of high ore prices then fair value could shoot way up compared to where it is now.
I was trying to figure out fair value in this one but its a moving target because of future ore prices and not yet sure what happens to the price per share as the trust unwinds near the end. Ill dig more into the filings and see what I can find and post here.