Lanesborough Real Estate Investment Trust V.LRT.UN

RE: Again, if you're not happy, then sell

[Winnipeg40]

I see $155,000 in bond trades since March 2010....Not much for a bond that matures in March 2010...and I can tell you that I would think the National Bank Financial SELL side is from Wellington West or Bieber(now National) who uses National to trade...And those are both Winnipeg co's...probably where what is going on is known the best. There may also be those that bet that they will have to be paid out in units and that would be enough to gain control of the Co.  or....in this case...probably keep control of the company....

Here is a fact...They can not get Parsons Landing financed...at 75% of cost....that means there is a degradation of asset value in Fort Mac..therefore the entire portfolio.

Fact- they are in default of several of their mortgages...

Fact...their Edmonton assets was sold below FMV..they obviously are having trouble selling assets

Fact...They are cash flow negative by 6-10 million a year...That is not sustainable obviously.

Fact-just because a brokerage firm is on the buy side...it does not mean that it is the House that is the purchasor..they could and are likely to be acting for  a number of buyers or, a buyer how is using a hedging strategy...might be short an oil co.. or short the units.

Please give me Facts that show where value is...not quotes from CEO's and who is trading in what securities