Have been watching Pinetree too! It is looking a bit undervalued this past year. There should be excellent buying opportunities for PNP over the next few months as the TSX retests previous lows (Im looking for PNP at $2 to $2.25 which may or may not happen).

I've been wondering for awhile now if Pinetree is legally able to carry a short position on their own shares? PNP has been in freefall