Mesabi Trust (MSB)
NYSE NYSE Primary Summary
Blaqclouds, Inc. Applies for FinCEN Registration as a Money Services Business (MSB) and Initiates Share Audit Following Management Transition
Robesonia, PA, October 20, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – Blaqclouds, Inc., a Nevada corporation (OTC: BCDS), today announced that it has officially submitted its application to the U.S.
Mesabi Trust: Partial Idle At Hibbing Taconite
While Mesabi Trust legal expenses should come down and help the bottom line, the royalty report shows that volumes are down in Q1. Moreover, CLF announced a partial idling at Hibbing Taconite amid tougher market conditions, which should affect MSB royalty attribution. We aren't confident enough about the economy to favor commodity-indexed and cycle-indexed exposures.
Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up
Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up
Mesabi Trust Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 200 | $7,704 | $4,790 | -$2,914 | -37.82% |
 William Jollie Quent Capital LLC | 3,041 | $109,942.82 | $72,984 | -$36,958.82 | -33.62% |
 Christopher C. Powers Farther Finance Advisors, LLC | 1,506 | $40,449.22 | $36,068.7 | -$4,380.52 | -10.83% |
| WL Wealthcollab LLC WealthCollab, LLC | 96 | $3,697.14 | $2,299.2 | -$1,397.94 | -37.81% |
 Westmount Partners LLC Westmount Partners LLC | 16,856 | $303,238.28 | $367,039.4 | $63,801.12 | 21.04% |
Mesabi Trust (MSB) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Mesabi Trust ever had a stock split?
Mesabi Trust Profile
| Metals & Mining Industry | Materials Sector | Silviu Itescu CEO | NYSE Exchange | 590672101 CUSIP |
| US Country | 104 Employees | 30 Jul 2026 Last Dividend | - Last Split | 30 Dec 1987 IPO Date |
Overview
Mesabi Trust, established in 1961 and headquartered in New York, New York, operates as a royalty trust within the United States' iron ore mining sector. As a distinct entity in the mining industry, the Trust holds a unique position by focusing on the generation and distribution of royalty incomes derived from the extraction of iron ore. Its business model relies on the leasing of mineral rights and the collection of royalties from mining operations, rather than direct involvement in mining activities. This strategic approach allows Mesabi Trust to benefit from the iron ore mining business indirectly, offering a distinctive investment proposition within the mining and minerals market.
Products and Services
- Royalty Collection:
- Mineral Rights Leasing:
Mesabi Trust's primary service is the collection of royalties from iron ore mining companies that operate on its leased lands. Through these agreements, Mesabi secures a continuous revenue stream without the operational risks and capital expenses associated with direct mining operations. The Trust's income is inherently linked to the volume of iron ore mined and the prevailing market prices, making it an integral part of the iron ore supply chain.
A critical component of Mesabi Trust's business model is the leasing of its mineral rights to mining companies. This service not only enables the extraction of valuable resources by experienced mining operators but also ensures a legal and commercial framework that benefits both parties. Mesabi Trust, through these leases, provides the essential legal rights to mine iron ore, in exchange for a royalty based on the volume of ore extracted and sold, thus facilitating the production of iron ore while simultaneously capitalizing on its vast mineral estates.
