rjm77me's Blog : GNI - need community views

Great Northern Iron Ore Properties (GNI) is a trust that owns interests in land on the Mesabi Iron Range in Minnesota. The land is leased to steel and mining companies that mine for taconite iron ore. The interesting thing about GNI is that it's guaranteed to go to 0 in April 2015, as that is when the trust dissolves.


Perhaps the reason it is going up is that people are focused on the high yield and are unaware that it will only last 4 1/2 years.

MAGE

Can an average investor invest big time money with out any investigation?
This is very thinly traded stock and 100 shares sets one back by $13000 plus

My personal ignorance shocks me everyday.

Yes, there is much confusion out there in the market.

MAGE

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