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.

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Slate Grocery REIT

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Comment by testy1on Mar 13, 2013 6:53pm

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Post# 21125594

RE: RE: RE: cash cost per oz

Monzie, they raised 50 million. The produced around 90,000 oz. So I divide the 50 mill by the 90 K oz and get a number which I add to the average cost of gold for the year.

Probably I don't understand the arithmetic and it doesn't tell the entire story. It costs money to build mines and reserves. Here we have a producer which seems to need to do more work to expand, if I'm reading it right. I'm holding thousands of shares at around these prices so my average is higher, and realize the price can go lower.

They have production, they have money and in this market I see it as a good thing.

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