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

Bullboard Posts

Comment by testy1on Feb 15, 2013 4:44pm

187 Views

Post# 20998076

RE: RE: The full court press is on ...

Prune, the POG is always a factor with these small miners. A drop to that 1200 an ounce you mention is a factor as is dropping even lower. The question is when and what the POG will do before and aftter it hits those marks.

Anyhow, I picked up some just around the close today. To me it's more attractive than the convertible debs. The price has to go up 50% from where I bought for the debs to exercise. Not a bad return if can do that.

Besides being a producer the drill results should help drive the price.

Other than that, the downside seems small without a real break in the POG.

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