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 hydra100on Nov 07, 2010 1:10pm

403 Views

Post# 17670497

RE: Original Thinking - 2

On its way to being one of the richest gold mines in Canada? Or the richest?

This is a mutibillion dollar mine?

It has not got enough money to even pay off its debt which I believe to be 180ml.
Less than two ml ounces accounted for.

Please post where you are getting your numbers from. Obviously sh price times number of shares is not reliable as we have seen 2 dollar plus on this stock and returned to 50 cent twice while doubling number of shares.

The only true value of a company is from its financials and Dale just gave us an indication of what they are going to be. 12000 ounces coming up.

Please check the ongoing debt when the financials come out.

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