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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

Post by muley1on Apr 10, 2010 3:52pm
602 Views
Post# 16978296

Drilling

DrillingThis is what needs to happen on this property and soon. I have called the company and they are working to this end. The Caldera project has tremendous potential, and management and Geological crew have good experience. Financing is a factor but there is money out there looking for a good project. One way or the other drilling needs to get under way!

Stocks of this nature have great potential to have quickly increase in price. I purchased another roughly equivalent stock last year in the same price range(. V.MJS) this stock has taken off and is now .19 cents and will likely continue to rise. At the time I purchased 150,000 more shares of NET as I thought it had the greater potential. I still feel regardless of the SP that NET has the greatest potential however that drill bit needs to commence drilling soon. I am trusting our patience will be rewarded.
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