Mesabi Trust Is On Steroids (MSB)

A stock that I have written about a few times previously, Mesabi Trust Common Stock (NYSE: MSB) continues its rapid ascent, as demand for iron ore and other commodities continues to surge.

Shares of MSB are gaining 5% on the session, on strong volume.

The average volume on Mesabi Trust, is around 150,000 shares and it's traded nearly twice that today.

Mesabi Trust operates as a grantor trust in the United States. It holds interests in various iron ore properties in the Mesabi Iron Range, including its interest as assignor in the Amended Assignment of Peters Lease.

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