This is part of an article from "allpennystocks" dated Oct. 8.

The last small-cap in this sector to which we turn is Pinetree Capital (TSX: T.PNP, Stock Forum), a bargain-basement issue at 78 cents on October 6. This company, which calls Toronto home, gazed out over the investment community from a perch of $7.35 last November, before being swept up in the general market hysteria.

Pinetree is a diversified investment and merchant-banking firm focused on the small-cap market. However, rather than cast its nets too wide, Pinetree invests primarily in the still solid resources sector, most notably uranium, oil and gas, precious and base metals.

PNP is also boldly ignoring the doom and gloom that bedevils many financial services stocks. When it appeared all hell was about to break loose on the markets, Pinetree went a-buying, picking up two million shares of rival Vesta Capital, following its purchase of 14.5 million shares of Mega Moly, a mining company specializing in the production of molybdenum, and a $1-million debenture in Nearctic Nickel Mines to be converted into common shares and warrants.

The latter two companies are convinced they’ll be able to weather the storm, however long and severe, and that smaller investors will join them on the ride away from the disaster. While the jury is still out on AIG, there appears enough resolve in the upper echelons of the smaller NCC to spark confidence in investors whose gaze is not quite so high.

The Chinese word for “crisis” is reportedly written with two characters: one meaning “danger”, the other meaning “opportunity”. The survivors of this crisis are the companies who meet this danger courageously and sagely, and can then take advantage of the opportunities that result.