Slate Grocery REIT T.SGR

RE: RE: RE: WORLD CLASS HIGH GRADES AGAIN

[hydra100]

How come SGR not on the list?

2011 WATCH LIST

Companies on our 2011 watch list have been selected based on a wide variety of criteria,

including: capable company management, 2011 work programs, project potential and

leverage to metal price movement (ideally, upward leverage). Our primary goal is to

identify companies that provide above-average opportunity based on successful project

advancement/development in 2011.

We do not have formal research coverage of the companies named in our 2011 watch list;

their inclusion on the list does not constitute a recommendation nor should it be assumed

to be a recommendation to purchase at this time. Share appreciation from current levels is

dependant upon factors that may or may not materialize. We provide profiles of each of the

companies on the watch list and highlight some important assumptions.

Figure 6: Canaccord Genuity 2011 watch list

Price C$

Company Name Ticker Exchange 10 Dec 10 Analyst/Associate

1 Alhambra Resources Ltd. ALH TSX-V
.99 NC

2 Almaden Minerals Ltd. AMM TSX $4.49 WZ/AM

3 Auryx Gold Corp. AYX TSX
.94 NC

4 Batero Gold Corp. BAT TSX-V $2.58 NC

5 Bowmore Exploration Ltd. BOW TSX-V
.58 WZ/GG

6 Dorato Resources Inc. DRI TSX-V $1.28 WZ/AM

7 Edgewater Exploration Ltd. EDW TSX-V $1.29 NC

8 Full Metals Minerals Ltd. FMM TSX-V
.29 WZ/AM

9 Goldgroup Mining Inc. GGA TSX $1.27 NC

10 Indicator Minerals Inc. IME TSX-V
.13 WZ/AM

11 International PBX Ventures Ltd. PBX TSX-V
.30 WZ/AM

12 Iron Creek Capital Corp. IRN TSX-V
.96 WZ/AM

13 Mansfield Minerals Inc. MDR TSX-V $2.47 WZ/AM

14 Newstrike Capital Inc. NES TSX-V
.69 WZ/AM

15 North Country Gold Corp. NCG TSX-V $1.20 WZ/AM

16 Polar Star Mining Corporation PSR TSX $1.95 WZ/AM

17 Queenston Mining Inc. QMI TSX $5.48 WZ/AM

18 Riverstone Resources Inc. RVS TSX-V
.72 NC

19 Rockgate Capital Corp. RGT TSX $1.98 NC/GG

20 Sulliden Gold Corporation Ltd. SUE TSX $2.26 NC/GG

21 Sunridge Gold Corp. SGC TSX-V $1.30 NC

22 Trelawney Mining and Exploration Inc. TRR TSX-V $2.64 WZ/AM

Source: Canaccord Genuity, Capital IQ