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Canadian Net Real Estate Investment Trust V.NET


Primary Symbol: V.NET.UN Alternate Symbol(s):  CNNRF

Canadian Net Real Estate Investment Trust (the Trust) is a Canada-based open-ended real estate investment trust. The Trust owns and rents commercial real estate properties directly, through its wholly owned subsidiaries and joint ventures. The Trust operates in one segment, commercial real estate located in Canada. The Trust holds approximately 101 investment properties, 83 residing in the province of Quebec, nine in the province of Ontario and nine in the province of Nova Scotia. The properties are occupied by four distinct groups of tenants composed of retailers, national service station and convenience store chains, quick-service restaurant chains, and others. The Trust's properties include 40-50 Brunet Street, 230 St-Luc Blvd, 196 Hotel-de-Ville Blvd, 1349-1351 Road 117, 275 Barkoff Street, 530 Barkoff Street, 340-344 Montee du Comte, 1440-50 St-Laurent East Blvd, 1460 St-Laurent East Blvd, 7335 Guillaume Couture Blvd, 4200 Bernard-Pilon Street and others.


TSXV:NET.UN - Post by User

Comment by buygold69on Nov 29, 2007 11:30am
141 Views
Post# 13887705

My phone conversation with management

My phone conversation with managementCall and ask for Alex. Tel: 1 (604) 638-7363 or Toll Free: 1 (866) 637-5138. I spoke with him yesterday and he told me they will be releasing news sometime today or tomorrow about this. He does sound very excited about the potential for Caldera and the company. However he did mention that finding drillers in Chile right now is very difficult. They are talking with one company right now and drilling date sshould be set shortly. As of yesterday at this time though they did not have anything final. I also asked about another acquisition before year end. My broker has been telling me that they are considering a few Reed Lake claims. As you may know this area has been out after VMS.v had some very big results. Alex replied, "We are working on something but I can not get into any details right now." But until we get news from the company I think we will see few sellers at these levels. Most people are holding for news in my opinion. I am also waiting to see what happens before pulling the trigger to buy some more now. Picked up some more last week
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