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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 edka1on Mar 06, 2015 4:44pm
152 Views
Post# 23499130

RE:RE:RE:RE:RE:RE:RE:RE:RE:The buying hasn't dried up yet.

RE:RE:RE:RE:RE:RE:RE:RE:RE:The buying hasn't dried up yet.Since I don’t know Eric Sprott personally it is hard to tell if he is impatient or a guy who would wait patiently for all the ducks to line up. Based on what I read he is somewhere in between :) Thus I won’t be surprised if he decides to wait until debenture expiry and only when receiving proceed to go after PNP. Also he needs to take care of Sheldon’s huge stake before buying out PNP or have an agreement with him for how much Sheldon would be willing to sell out.. I don’t think the formal buyout is in the near future but you never know. It makes sense for Sprott to acquire PNP as it has a portfolio of beaten down companies in mining as well as technology and plus he could use to his benefit the losses of PNP. Cheers. P.S. I agree with you most of the time if that makes you feel better :)

Bullboard Posts