RE: Guesses on Premium to NAVOf course it is mega overvalued but who cares? People think this is a stock that deserves to perform better than almost any (uranium) stock it has in its portfolio. I myself don't see where the leverage is coming from. It is not from warrants and PP because Pinetree does use them to calculate the NAV. So how is it possible that Pinetree can perform so well? We all know the answer, it is Dines. He keeps pushing this stock although he is also aware of the fact that it is doing a multiple of its NAV. He is promoting this stock as a uranium mutual fund although is has only about 25% invested in this sector. As Dines used to say: 3 steps forward and 2 steps back. I think it is time this stock goes into reverse.