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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Post by Sinbobon Jan 25, 2015 4:19pm

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Post# 23361364

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Gold in $Cdn. is nearly $1600/oz. With efficiencies SGR can produce at about min. $200/0z. profit today. Gold will be about $1800/oz. before Spring (then a temp. pullback ... then up from there). SGR should be able to run 80,000 ozs/gold/yr. Do the math. I'm looking for a new start, probably a share rollback, and as gold moves up nicely over the next few years, a profitable junior gold mining enterprise. If they can do it without a rollback that would be ideal for all shareholders but not sure it will work out that way. NO WAY A TURNKEY GOLD MINER IS GOING TO CEASE ACTIVITIES with 4 million ounces in the ground vault. Only my opinion.

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