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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 3centspluson Dec 22, 2004 12:13pm
100 Views
Post# 8347703

RE: Elizabeth Andrews Pegged the Cost at $230 p/t

RE: Elizabeth Andrews Pegged the Cost at $230 p/tLiz /Harry Is that a private e-mail or a post of Liz”s.5 years ago we were just starting to drill and explore this property. I believe that we were discussing the west zone, including the open pit where Inco's drilling had defined the potential of an open pit and the potential of all the property. I am not even sure at that stage if we had any thing other than a preliminary engineering report from Cartier.We were in the very beginning of our work programs to attempt to explore what we believed at that time a potentially major deposit. I still hold this belief today. Starfield has been drilling out this project ( the pit area} and while doing so Discovered what appears to be a very profitable foot wall Zone. We will know more about this as the engineering reports are released over the next several months. Starfield Is continuing to drill out this major holding has continued to increase it's size and their Knowledge as well as they will be improving their tonnage as well this year. They may even revitalized the 'M' zone that was a discouragement from past years drilling. Modern equipment as in utems and Squibs have once again suggested this could also be a big zone and Starfield was exploring in the wrong area of this potential zone. In the beginning when we took this project over we believed it was either a huge mine with some great pods or potential ovoid or one of the largest low grade Ni copper , cobalt deposit with some pg’s thrown in .The companies geologists at that time though that we would find these pockets much more earlier or faster than 5 years down the road where we stand today. The problem for the real shareholders is that nothing has happened to disprove either theory. Except we have not hit the 2% plus pocket but we have probably a great open pit and a good looking footwall zone being proven up slowly but surely. The size of the low grade is wide open. I would owe the board an apology for believing in the professional behind this geo-fin report. Even though at that time I openly admitted I was a tad green in this field. I will restate even though again you knew the honest answer before asking. This is a Standard Disclaimer similar to what you may find on the back of A cereal box , A lawyers brief, real estate forms etc. I am wondering why Cartier continues to recommend more exploration . Is it because he supports your views ? I think not Liz it’s good that you came out of the closet. I have been telling MGT and Shareholders that it was you for several years now. How many aliases are you working. Boy nothing has changed over the years. How sad, still sick as hell and still enjoying plagiarizing reports , misinforming the masses of nice people on the different web sites. Did they finally remove you from Raging bull or did you plead Insanity. Lets talk soon. 800 942 1533. I am truly happy I was beginning to believe others were right but deep down , I knew that Mike schuss was not experienced and did not have the appearant class you demonstrate. Regards Jim Andrews
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