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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust (The Trust) is a Canada-based closed-end real estate investment trust. The investment properties of the Trust operate through three segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Its Fort McMurray Properties include 10 properties. Its Other Investment Properties includes three properties. It’s Held for Sale and/or Sold Properties includes four properties. The Trust's property portfolio consists of 13 rental properties, encompassing 12 multi-unit residential properties, including the unsold condominium units at Lakewood Townhomes.


TSXV:LRT.UN - Post by User

Comment by BobTheKnob2on Jul 11, 2022 8:45pm
65 Views
Post# 34816829

RE:RE:RE:RE:Has anyone called Gino Romagnoli?

RE:RE:RE:RE:Has anyone called Gino Romagnoli?
alkhor wrote: I'm pretty sure there are no qualification to be on a Board. Knowing the industry is helpful but how many High School dropouts start sucessful companies. I figure anyone who finished elementary school could do better than the current board.


Probably true about the educational requirements. Awesome way you put it.

My understanding is that there is not much that can be done until a meeting is called. What is probably the best at this stage is to organize an alternative slate similar to what Sun Valley is doing at Canagold (stock symbol is CCM) with the meeting to be held in a few days (maybe a week from now). It is getting messy over there. There is no love lost.

However, it is something like here at Lansborough. Entrenched management that has not moved the asset forward and destroyed shareholder value during the 28 years that Canadgold has been around. They are still about as far ahead as they were in year one.

It might be worth poking your head in the CCM room to see the parallels.
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