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SmartCentres Real Estate Investment Trust T.SRU.UN

Alternate Symbol(s):  CWYUF

SmartCentres Real Estate Investment Trust (the Trust) is a Canada-based fully integrated real estate investment trust. The Trust develops, leases, constructs, owns and manages shopping centers, office buildings, high-rise and low-rise condominiums and rental residences, seniors’ housing, townhome units, self-storage rental facilities, and industrial facilities in Canada. It is focused on development, ownership, management and operation of investment properties located in Canada. The Trust portfolio features approximately 195 strategically located properties in communities across the country. The Trust’s subsidiaries include Smart Limited Partnership, Smart Limited Partnership II, Smart Limited Partnership III, Smart Limited Partnership IV, Smart Oshawa South Limited Partnership, Smart Oshawa Taunton Limited Partnership, Smart Boxgrove Limited Partnership, ONR Limited Partnership, ONR Limited Partnership I, and SmartVMC West Limited Partnership.


TSX:SRU.UN - Post by User

Comment by madmagooon Feb 23, 2003 6:44pm
121 Views
Post# 5891323

RE: Bert Could You Elaborate For the Newcomers?

RE: Bert Could You Elaborate For the Newcomers?well they don't call it a bull board for nothing. i would highly suggest new investors do some serious due diligence. look at past statements make by management et al. and review all news releases to see if they have met their objectives. i to not so long ago was a defender of this project with amazing utem and the drill program to end all drill programs, majors knocking down the front door and analysts touting 10 buck US and the promise of drill results being released every two weeks or so (CEO cast). doubts grew with the big estate sale. then as the summer progressed delayed and spotty drill results. yet why wasn't the mighty warrior putting up money? no time line has been given for the release of Dr B's report. refinancing of options speaks volumes to me, do not set the bar to high boyz. i for one am truely bitter and feel that management are not able to pull it together. they said they had very strong UTEM results yet could not capitalize on this. they had the drills there all summer why not rip a couple holes in the areas of high response. that is why they call it exploration. i for one am not expecting a spectacular report from Dr B i would love to be proven wrong on this one. this is just one person's opinion.
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