Topic: How To Invest

I am holding Pinetree Capital. What is its upward potential?

Article Excerpt

Pinetree Capital, $1.90, symbol PNP on Toronto (Shares outstanding: 135.2 million; Market cap: $266.4 million), is an investment and merchant-banking firm that focuses on small-cap stocks. Its investments are mainly in uranium, precious metals, oil and gas, potash, lithium and rare earth elements, and base metals. Pinetree first develops an overall view of a sector. Then, it identifies and invests in emerging companies in sectors it sees as having good prospects. The company takes on a lot of risk with its resource concentration and its junior stock holdings. We don’t recommend Pinetree Capital. ..