Replies to post #167 on Pinetree Capital Ltd (PNPFF)

[Cuppy]

Their "golden" asset is, IMO, the 13 million shares (and warrants to buy 7 million more) of PTK (Poet Technologies). I believe the short-term potential surrounding that issue is what enabled the deadline extensions of the broken debt covenants. The resource stocks they hold are deeply in the toilet and any comeback THEY make will be merely icing on the cake.

The real asset here is their stake in Poet.