Probably should take this discussion of Pinetree to the off topic board but couldn't resist replying as it was the subject of todays Dines TDL report. A reader raised the question of "Why is PNP such a great buy" and Dines editor went on to say that they owned a substantial position and the reason it was down so low was because of a recent dilutive "rights offering" to raise more capital to buy underpriced commodity shares. Pinetree was forecasting future growth in underpriced natural resource companies. Pinetree functions as a closed-end mutual fund invested in the natural resources area - precious metals, base metals, oil & gas, uranium and molybdenum. It was interesting that the Dines editor attributes a recent iincrease in their % base metal holdings to "their big winners in Noront and WSR!" In the interest of full disclosure I own some PNP as well as NOT and WSR among others in the ROF.