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Slate Grocery REIT T.SGR


Primary Symbol: T.SGR.UN Alternate Symbol(s):  SRRTF

Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties. The REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.


TSX:SGR.UN - Post by User

Bullboard Posts
Post by xdmmdx3on Apr 12, 2010 4:17pm
724 Views
Post# 16983087

San Gold's drillers?!

San Gold's drillers?!Here's what I found via google search:

"Mallette Drilling Inc., a Kenora-based company, hopes to set up an office in Timmins. It has moved three diamond drills to the area, having secured a contract in the area.  Most of the company’s work has been with the San Gold Corporation in Northwestern Ontario."

So with SanGold being roughly a Billion $ market cap, how did we snag them as drillers?!  Mallette is experienced in the area, they know how to drill the ground around LSG, this is fantastic.  Here is the news release:

NEWCASTLE MINERALS LTD ("NCM-V")
- Hires Mallette Drilling For Its Carscallen Property
     Newcastle Minerals Ltd. is pleased to announce that it has contracted
with Mallette Drilling Inc. of Kenora, Ontario for a 2,000-metre drilling
program on Newcastle's Carscallen property in the West Timmins area of
Ontario. A drilling rig is being mobilized and drilling is expected to
begin soon.

     Newcastle's President, Michael Romanik, said, "We are excited to begin
drilling on our Carscallen property. This is an aggressive program, but
based on the excellent results of our recent geophysical survey, I believe
it is fully justified."


Good luck to all,

x
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