Undervalued? Possibly yes, but look at the portfolio which is left.
And here we even do not know how much they had to sell during the last 3 month - to pay back their debentures...
Let us hope they did not sell one single share of PTK!
Below is a list of Pinetree's disclosed investees by name, as at March 31, 2015.
IssuerSecurity DescriptionCost
('000)Fair
Value
('000)
Augusta Industries Inc.
AAO:TSXV
Technology and Other |
57,691,744 common shares
6,666,667 warrants expire Jan 25, 2015
1,111,111 warrants expire Dec 31, 2016 |
5,617 |
1,442 |
Keek Inc.
KEK:TSXV
Technology and Other |
1377565 common shares
3,000,000 promissory note Nov 5, 2015
100,000 warrants expire Nov 5, 2017 |
12,588 |
4,608 |
Latin American Minerals Inc.
LAT:TSXV
Resources |
28,200,000 common shares
1,500,000 warrants expire Feb 6, 2015
1,000,000 warrants expire Sep 10, 2015 |
7,913 |
1,692 |
LeoNovus Inc.
LTV:TSXV
Technology and Other |
10,907,000 common shares
2,500,000 warrants expire Aug 19, 2015
4,000,000 warrants expire Jan 21, 2016 |
2,305 |
1,636 |
Mega Precious Metals Inc.
MGP:TSXV
Resources |
23,750,000 common shares
2,000,000 warrants expire Jan 16, 2016 |
8,048 |
950 |
Poet Technologies Inc.
PTK:TSXV
Technology and Other |
12,846,185 common shares
2,500,000 warrants expire Sep 13, 2015
1,000,000 warrants expire Sep 27, 2015
2,775,385 warrants expire Feb 12, 2016 |
9,453 |
30,224 |
Potash Ridge Corp.
PRK:TSX
Resources |
11,024,500 common shares
|
3,291 |
881 |
