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

Slate Grocery REIT

Bullboard Posts

Comment by goldeagle1on Oct 06, 2010 9:40pm

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Post# 17538280

RE: WARNING: THE BULLION BANKS ARE LOSING CONT

Weak ADP numbers weigh on dollar, boost gold higher

The COMEX Decembergold futures contract closed up $7.40 Wednesday at$1347.70, trading between $1340.00 and $1351.00

October 6, p.m. excerpts:
(from Reuters) --
Gold rose to record highs for a second straight day after thedollar fell on a disappointing private-sector jobs report that bolsteredthe view that the Federal Reserve must soon jump start the flaggingeconomy. ADP's national employment report, a precursor to Friday'sall-important September Labor Department report, set off a slew ofdollar selling, showing U.S. private employer payrolls fell unexpectedlyby 39,000 jobs in September. Economists had been expecting an increaseof 24,000 jobs...more

the Fiat Money will be History in the US -
to high debt and about near bankrupt -

Gold & Silver have replaced every fiat currency
for the past 3000 years -

https://www.kwaves.com/fiat.htm

San Gold could ramp up to produce as much as 200 000 ounce per year -
from its Manitoba operations, CEO Dale Ginn said in a presentation -

TORONTO (miningweekly.com) -

Canadian gold junior San Gold could rampup to produce as much as 200 000 oz/y from its Manitoba operations, CEODale Ginn said in a presentation on Monday.

Sanhas made a number of high-grade gold discoveries around the old RiceLake mine

and has already put one of them, called Hinge, intoproduction.

The company has made seven discoveries over five years, all of which are within two or

three kilometres of its mill, Ginn said.

The firm continues to explore and expand on the discoveries, and is optimistic that the deposits can be

extended to to depth.

SanGold expects to produce about 60 000 oz to 70 000 oz of gold this year,

mostly from development work, but

will increase output to some 120 000oz in 2011 when it starts production

from the 007 deposit.

Outputis then expected to ramp up from all three deposits - Rice Lake, Hingeand 007 -

to up to 200 000 oz/y.

Other deposits also have the potentialto add further upside, Ginn said.

The company plans to start anexpansion of its mill next year,

and is looking at increasing capacity from 1 250 t/d to some 1 800 t/d.

Edited by: Liezel Hill

Note.
The Rice Lake Mine has had over $120 million spent on improvements byRea Gold Corporation
($90 million) in the early 1990's and Harmony Gold(Canada) Inc. ($30 million) in the early 2000's,
est. 550,000 ounces of audited gold resources.

A system of shears and pathways have been identified over the pastfew years that are revealing

a grid of potential high-grade explorationtargets that reach well beyond the limits of the SAM

unit itself.

Following this grid pattern, San Gold has found four new high-grade,near surface discoveries

over two years at The Hinge, 007, Cohiba andL13.

Production has doubled as these new discoveries are brought online.

The Hinge started producing in 2009.

007 will begin producing thissummer.

Rice Lake Gold Mine -
is the deepest of the known areas of mineralization,extending 5,500 feet below the surface
along two shafts.
Miningoperations at Rice Lake are currently focused on the 98 Vein in the RiceLake East portion
of the mine, between 26 Level and 28 Level, locatedabout 4,100 feet below the surface.
The 98 Vein region is producing somevery high grades, and further exploration is also
showing highpotential for substantial new discoveries in the region.

The Rice Lake Mine is located immediately adjacent to the 1,200 tonper day mill.

TheRice Lake Gold Mine is most important to San Gold -

e.g.,

Goldcorp's Red Lake Gold Mine -

in the goldbelt is highest grade 6000' below the surface -

and the deeper down the higher grades and wider richer veins -

thefuture of the SGR company really is to go deeper and

about the new great gold zones thatare being discovered surrounding Rice Lake.

https://goldstocksdaily.com/wp-content/uploads/2010/08/6241.jpg

The Rice Lake -

Greenstone Belt is geologically similar to

The Red Lake Camp -

one of Canada's richest and most extensive Gold deposits -

$98 million in cash and no debt

300 million shares outstanding

2009 Production – 25,000 oz of gold

2010 Production – 50,000+ oz of gold

2011 Production could increase substantially as Rice Lake Upper,Lower, Hinge and 007 are mined.

Hinge and 007 adds significant ouncesand reduces cost per ounce via grade.

A potential fourth zone getsadded in 2011(L13 or Cohiba).

San Gold also plans to increase the mill capacity from 1250 to 1800 tpd in 2011

as more of the ore bodies are mined.

San Gold is a company that could be sitting on a lot ofgold.

SGR think they have discovered the formula to finding exactlywhere this gold is located,

and so far they have proven this formula iscorrect with all the recent gold zone discoveries.

007 is a very highgrade zone, and it should drastically reduce San Gold’s cash cost

oncethat ore is fed through the mill.

To buy SGR shares at these levels to me is -

- to trade peanuts-fiat for the great barter -
- got the real Au bargain smile
- The REAL Au MONEY - ~<
- Au&Ag the only legal tender in USA- smile

The Bissett Rice Lake Gold Mine -
and 3 deposits (SG #1, 2,and 3).
In addition, it holds 7000 hectares of exploration property
in the Belt, and has the ability to expand its holdings.
The Rice Lake Greenstone Belt is geologically similar to
the Red Lake Camp, one of Canada's richest and most
extensive Gold deposits.

The Bissett Rice Lake Gold Mine -
is located approximately 100 km west of Red Lake on the Western Uchi sub-province.
It includes a fully-permitted 1,250 tonne per day mine, mill
and infrastructure, and is the only operational facility -
in the Belt.