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Superfly15

03/21/12 6:10 PM

#77 RE: DewDiligence #76

If you like Cliffs and trusts, I like Mesabi Trust (NYSE:MSB) as well. They work with Cliffs in a roundabout way through Northshore up in the Duluth MN area. I like them because you can calculate real-time what the dividend payment will be by the ships leaving...it gives me some "homework" to do ;-).

Here's some stuff I wrote in my "young" days of investing. LOL

http://www.mystockbuddy.com/forum/energy_mining/2571-nyse_msb_mesabi_trust_iron_ore_play.html

I have trouble seeing how CLF isn't undervalued down here...unless the world blows up iron ore will be fine.