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 Gaberlunzieon Mar 27, 2015 12:43pm

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Post# 23569417

RE:RE:RE:friday morning @ 7:11

Sure with a bit of fast foot work you can possibly make money on a quick turn with SGR securities. I look for something that might develop into another Agnico. In other words, I like to think of myself as a prudent investor who makes decisions on the basis of sound, well-presented evidence. I don't see this happening with SGR. Having the president and vic-president churn out a reserve estimate is hardly 'arm's length' behaviour, especially when they could have easily afforded an independent job.

Previous estimates were made using the polygonal method which never worked very well and was dropped by most companies more than 25 years ago. Today estimates are made using geostatistics which appears to be what Ginn and Marchaud used, although they don't say so clearly.The report contains no variograms or reference to them. Some of the statements about statistical treatment are questionable. We don't need this.

I am not saying 'the emporer has no clothes' - only that we don't know if he has or not. The sort of study Gibson needs right now is not something you put together quickly. If he has one, he is obliged to tell the world. Just because a well-funded institution on Bay Stree throws money at a venture is no evidence they know more than the rest of us. Look up the history of Fire River.

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