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Pinetree Capital Ltd T.PNP.DB


Primary Symbol: T.PNP Alternate Symbol(s):  PNPFF

Pinetree Capital Ltd. is a value-oriented investment and merchant banking company focused on the technology sector. The Company's objective is to maximize shareholder value. It invests primarily in equity, as well as debt and convertible securities. The Company holds approximately 8-12 investments, resulting in equity positions between 7% and 12% of assets (though its positions may at times reach or exceed 20%). Its subsidiaries include Pinetree Capital Investment Corp. (PCIC) and Emerald Capital Corp., and Pinetree Income Partnership (PIP).


TSX:PNP - Post by User

Bullboard Posts
Comment by venturecap1on Oct 13, 2010 10:22am
315 Views
Post# 17558013

RE: RE: RE: RE: Sheldon Inwentash - CEO

RE: RE: RE: RE: Sheldon Inwentash - CEOI agree completely and did the exact same as you. I started buying at $1.60 last year and was purchasing all the way up to $2.15 and kept on buying as it declined stopping though at the $1.5 range because I was worried about the NAV. When the last quarter was released and the NAV stayed above $2 and the share price sitting at $1.15, I started loading up again and am sitting on 160,000 shares with an average price of $1.64 and will be very patient.

Gold is going to continue to appreciate until the US raises interest rates and this will be sometime now. The juniors are going to be the big winners as funding is starting to flow for these guys and the seniors will be scrambling to aquire strong deposits that the juniors are holding. This run is just getting started.
Bullboard Posts