Lanesborough Real Estate Investment Trust V.LRT.UN

Info.

[Time2soar]

Thanks for the info. I am firm believer. Look at tr.un those are hotels in fort mac and not as many properties as this.(Run by same management as lrt.un) They completed financing and are on the move up. This company has 400-500 million worth of properties (lrt.un). These properties have went up in value, so they hold a profit on them. (look at the profit they are getting from these buildings that they are selling) It's hard to lose money in real estate. They do not have cash in hands so it is cheap, when company has cash in hands it will be expensive. It is Murphy's law, works the same as when you have lots of cash everything is expensive, when you have no money everything is cheap. I am from fort mcmurray and prices have not dropped as much as people in Toronto think they have dropped, this town is still booming, new rental properties are being built and orders are backed up.  This may very well be the steal of a life time.