Pinetree owns ~15% of Cline
As of the last quarterly report, Pinetree Capital (PNP on the TSX) owned 10,000,000 shares of Cline Mining - or nearly 15% of the entire company.
They are, to my knowledge, CMK's largest shareholder.
FYI: As of today's close, Cline has become Pinetree's third largest holding (by my calculations).
- jps