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Slate Grocery REIT T.SGR


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

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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
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Comment by colbobon Nov 06, 2010 10:16pm
321 Views
Post# 17669588

RE: RE: RE: RE: RE: some interesting history

RE: RE: RE: RE: RE: some interesting historyThank goodness someone is talking sense.I have really appreciated your recent posts.
I would like to add that I believe the reason that San gold has to spend a higher proportiion of their revenues on drilling and development than most producing mines is that they have found a totally different and very rich  source of ore that was never anticipated when the otriginal infrastructure was built. They know that they will have to put in a new hoist system to support the long term development of both the new deposits and rich deep ore bodies in the SA Mine unit that they have found. They have already raised the money to pay for it. However in order to calculate the best location for this new ore handling system they have to know where the new deposits are with some certainty.
As a stockholder from early days I have known that they were going to be spending all of the money they earned on exploration and development. I expect that will continue for at least another year. However by then thay will have defined an ore resource which is multiples of todays published numbers. Keep the faith and you will be rich.
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