Top 5 Integrated Utility Companies To Watch In Right Now

Top 5 Integrated Utility Companies To Watch In Right Now: Great Northern Iron Ore Properties (GNI)

Great Northern Iron Ore Properties, a conventional nonvoting trust, owns and leases mineral and non-mineral properties on the Mesabi Iron Range in northeastern Minnesota. It owns mineral interests on the Mesabi Iron Range formation that represent 12,033 acres, including approximately 9,895 acres are under lease and 2,138 acres are unleased. The company was founded in 1906 and is based in Saint Paul, Minnesota.

Advisors' Opinion:

• [By Aaron Levitt]

  PrairieSky won't actually be drilling for oil or natural gas on its properties, nor will it be transporting it through pipelines. That’s because a royalty trust is an entity that own the production rights on oil wells, natural gas fields or, as in the case of Great Northern Iron Ore Properties (GNI), iron ore mines.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-integrated-utility-companies-to-watch-in-right-now.html