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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 93 investment properties, which are located in Quebec, Ontario and Nova Scotia provinces. 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 goldsgoingupon Dec 16, 2009 12:12pm
159 Views
Post# 16592826

RE: NET 1.71g/t Gold over 178m at LaBlanca

RE: NET 1.71g/t Gold over 178m at LaBlancaHere is a bit different perspective on the results.  They did 95 meters of crosscuts with a total of 90 meters of drifing in 3 sections.

To give a more accurate analogy, its more like they drilled three shorter holes,
one 85 meters, one 80 meters and one 23 meters in length.

This is the representative breakdown of the four 'holes' which where actually channel samples.

An 85 meter drift with results of 82 meters grading 2.42g/t

An 80 meter drift with results of 74 meters grading 1.08g/t

A 23 meter drift with results of 4m grading 5.01g/t and 18m grading 0.37g/t

Remember, on 188 meters of drifting they hit a total of 178m of 1.71g/t gold

Pretty great results if you ask me.   Things are open along strike and at depth.  That is what the upcoming
drill program is set to test.  They are no longer trying to find gold.  they have found it, and now need to delineate how far and deep it goes.  As stated by the company in their NR, it appears to be a bulk-minable target.  They have found a significant gold bearing system here.

ggup
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