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Slate Grocery REIT T.SGR


Primary Symbol: T.SGR.UN Alternate Symbol(s):  SRRTF

Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties (the properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.


TSX:SGR.UN - Post by User

Bullboard Posts
Comment by WinstonSmithon Sep 23, 2013 7:00pm
148 Views
Post# 21761446

RE:BELIEVING IN FUNDAMENTALS

RE:BELIEVING IN FUNDAMENTALS
San Gold is in a unique position to profit from any surge in gold price. They are a high cost producer, but a producer nonetheless. It's hard to figure out exactly the cost of production per oz but it looks pretty close to break even at 1200...so with each 100 buck rise in the gold price the profit is doubled and should the gold price double to 2500.00 bucks the gross profit will increase 10 fold and presumably the SP will follow. This is a perfect place to place a levered bet on the pog.
It still has enough operating capital to see it through any further bear raid on gold. Sprott and
Dynamic funds are building positions in this one (they are the two most astute PM investors). You should too.

disclaimer: long SGR and increasing.
Bullboard Posts