Pinetree Capital Ltd.

Diversified investment, financial advisory and merchant banking firm.

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Message: Re: Whats the sharevalue???

Apr 22, 2008 04:48AM
1
Apr 22, 2008 09:46AM
At the moment we're looking at the low for the year in market share price and there seems to be a lot more potential upside from here than downside. A lot of shares held by PNP have done fine but past month has seen steady slide on those invested in the Noront 'Ring of Fire' plays. This appears, to me, to have been overdone and clawing back some of the share price seems likely. May also have been some forced selling to raise money for Canadian income tax due Wednesday.
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