TORONTO, CANADA--(Marketwired - Feb. 14, 2014) - Pinetree
Capital Ltd. (TSX:PNP) announces that as at January 31, 2014,
Pinetree's unaudited net asset value per share ("NAV") was Can$0.80.
http://web.tmxmoney.com/article.php?newsid=65764494&qm_symbol=PNP
until2017 welcome to Pinetree Capital Ltd. (PNPFF)
good to see you @ PNPFF
I am a new poster to IHUB, and bought shares of PNPFF late in 2013.
It went down a bit, but now I am making money.
The web-site - - - - ( http://pinetreecapital.com/ ) says
this today:
Net Asset Value Per Share as at January 31, 2014:
$0.80 (unaudited
So today's price, $.52 (CAN) , also from the web-site - -
shows the discount to NAV slowly and
steadily decreasing over the last few months.
AMEN TO THAT.
Should the discount collapse to zero, as if often does with CEF,
then buying PNPFF at today's price means that there is
a locked-in profit, already there.
Well, there are no guarantees, but if gold-mining catches
fire in 2014, as many analysts predict, then I would
expect that discount to NAV to disappear.
GLTA
until2017 thanks for good info -
following mark #1 I give to you -
Holding the Share Certificate Insures Your Ownership Stocks
Holding the Share certificate insures your ownership of that stock -the certificat becomes as a deed a legal document of ownership in -
Pinetree Capital Ltd.
if the banks close the doors and fiat$ goes down -
E.g., U.S. Silver & Gold Inc. will be Re-marketvalued
in a new currency -
and you need the certificat deed of ownership -
its only a phone call away - call your broker and
demand the certificate -
do yourself and your family a favour -
call your broker and
demand the certificate -
Holding the certificate insures your ownership of that stock -
ITS A MUST FYOG - For Your Own Good -
They do not need to "confiscate",
You are a creditor of the bank -
The money you put in the bank or the stock is not yours
after it enters the door of the bank.
The bank just gives you an IOU
Small creditors are the first to loose when things go south. Remember banks never loose.
Holding the certificate insures your ownership of that
stock and not the banks.
exactly what rallars said.
You DON"T own those shares.
Your brokerage does and they can do
anything they want with them in
ex. their street name -
You only have computer entry with them, that's it.
Many things can happen
if you are day to day trader and if you buy and sell
many times per day, it is fantastic tool,
but if you are long...
if I understand you correctly, you're saying
that if I deposit shares in a bank
they do not have to pay me back the shares?
They simply give me an "IOU", which they have
NO obligation to honor?
And if the bank goes bankrupt, their creditors
have NO obligation
to honor the share agreements in the accounts that hold the shares?
Is that what you're trying to say?
"Remember banks never loose"
They would seeem to if they were bankrupt and unable
to pay back creditors.
baranja, you say, "Many things can happen".
Could you describe a scenario in which you would
no longer be able to do
what you wish with those shares held by a bank
for your convenience?
thanks
Even worse, if the financial institution that has
control of your shares,
they can short your company..........
But thats the price we pay for instant liquidity,
if you take possesion
it takes more time & money to buy & sell..........
good for longer term holds..............
Not all financial institutions are equal
Insolvent banks....all are with the crazy derivative fiat$600trillion -
MF Gloal scenario,
how about Maddoff,
Great depression colapse,....
Or just simply.. "here is cash, ..no shares for you,
sorry about inconvenience.."..
Can this happen,.. maybe.. who knows.
Holding the certificate insures your ownership of that
stock and not the banks - and the banks can NOT use
your shares for short selling -
Get Your Share Certificate!!!
if you want HIGHER SHARE PRICE and
become a Pinetree Capital Ltd. Long TEAM member -
Thanks in advance -
http://web.tmxmoney.com/quote.php?qm_symbol=PNPFF:US
btw.
compare PNPFF ex. to its lage investment in CALVF -
FYI.,
PNPFF is Caledonia Mining Corp. largest shareholder -
http://web.tmxmoney.com/quote.php?qm_symbol=CALVF:US
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97285702
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97350855
PNP is Caledonia's major shareholder -
CALVF started regular good dividend to shareholders -
hope Pintree buys a lot more of CALVF
I am a dual shareholder since 20yrs back -
but I did pay a lot more for them than
the bottom bargain price today -
Pinetree Capital Ltd. (PNPFF) CEO investor Inwentash acquires -
also adding more shares of Caledonia for his own family -
as many as he done for PNP -
God Bless
Ps.
Russia is the biggest oil producer and adding more
and more to their Gold Reserve @ all time -
Stay out of any banksters ETF's -
they are the first to be confiscated -
and they are empty and the gold plundered and
shipped to China, Russia etc.
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