RE: RE: Value? Trading? Manipulating?"My guess is because stocks are forward looking, not historical. The sentiment for Uranium is not very good right now and
PNP is heavily into Uranium. One thing is for sure, owning PNP is not for the faint hearted lol"
The composition of Pinetree’s investment portfolio (accounted for at fair value) by sector as at December 31, 2009, as compared to the prior year, is outlined in the following table:
| | December 31, 2009 | December 31, 2008 |
| Sector | ($’000) | % of Total | ($’000) | % of Total |
| Resources: | | | | |
| Precious Metals | 158,027 | 43.1 | 50,540 | 37.7 |
| Base Metals | 71,711 | 19.5 | 26,688 | 20.0 |
| Uranium | 49,066 | 13.4 | 26,953 | 20.1 |
| Oil & Gas | 34,404 | 9.4 | 10,066 | 7.5 |
| Potash, Lithium and Rare Earths | 27,103 | 7.4 | 3,658 | 2.7 |
| Total Resources | 340,311 | 92.8 | 117,905 | 88.0 |
| Technology/Other | 16,745 | 4.6 | 8,205 | 6.1 |
| Energy Related Technology | 5,190 | 1.4 | 2,366 | 1.8 |
| Biotechnology | 4,478 | 1.2 | 5,493 | 4.1 |
ONLY 13.4% of portfolio is U... is that really HEAVY?????!!!!