Legacy Holdings I've been poking around and adding to my position at this level after exercising my rights. I'm curious as to what a veteran merchant banker will do with his own public company! Much of the Pinetree legacy assets are private, so the value does not generally fluctuate until a further financing or whatever. The only two public companies that meet Pinetree's reporting threshold are AAO and LAT, the latter with a fully-permitted operating gold mine in Paraguay! In the new pro-gold sensitivity now driving the other junior golds to fair valuation, the share price of LAT has not budged because the company fell off the radar after operating a test bulk-sample mine unprofitably during exploratory years and crashing like a penny stock in 2015. LAT reduced mining activity to 50% during the gold price bottom, and consolidated shares10-1 under new management. Now they have completed engineering to advance to commercial production of 30 tonne per hour by mid-2016, and have been raising money with ease. (Oversubscribed $1.5m Nov 2015 @ 0.10 with warrants @0.15. $1.0m Apr 2016 in advance gold sales to SilverStream, and 0.5m Current Financing @0.12 with warrants @0.18.) This is a potential bonanza for insiders holding warrants and options!