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Re: None

Saturday, 03/19/2022 9:29:45 PM

Saturday, March 19, 2022 9:29:45 PM

Post# of 8708
The royalties of the Trust are in question because Cleveland-Cliffs (CLF) is going to idle all operations at Northshore Mining due to the "ridiculous royalty structure we have in place with the Mesabi Trust." CLF is moving its production to another site altogether and they have not engaged in meaningful dialogue about the royalty structure which suggests a pretty bleak outlook for the trust in the near future.
As we sell these shares I usually peruse my watch lists to see if there are any stocks not currently held that would be worthwhile. This usually happens when the existing portfolio holdings appear fully valued or there is a full position associated with a particular investment.

https://seekingalpha.com/article/4496607-three-dividend-paying-industrials-near-52-week-lows
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