Pinetree Capital Ltd.

Diversified investment, financial advisory and merchant banking firm.

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Message: Time to move forward

PNP was really hammered down farther than it probably should have and finally rebounded a bit yesterday and likely again today. They have been into the market adding to positions at lower prices which means their portfolio must be showing considerable improvement.

My feeling is a lot of fairly big investors have bought PNP as a way to play some pretty volitile junior mining stocks with a bit more safety than picking individual stocks. News should be coming out over next few weeks and months to indicate increased valuation of their holdings.

Maybe tough getting back over $6 but in the new year I wouldn't be surprised to see $8 valuation. The potential is here for some really high payout next year. Wish it was this year but unlikely.

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