Re: Its all in the game
in response to
by
posted on
Jan 22, 2015 07:17PM
You are more then welcome. I for the most part do not post on these boards, but I read them.
I will always follow the juniors looking for that 10 bagger. I always make sure to look at what pinetree is doing. Not so much as to what they buy, more to what they put on a fire sale when they have financial troubles. It seems to plague them.
My theory is that they do their homework and invest in pretty half decent companies. The juniors love them for that. They are a big source of capital.
They seem to run into trouble every once and a while. Thats when you buy.
STA was especially interesting to me because of two things...after I researched it.
Pinetree drove them into the floor in December. Thats number one.
After more research, they have a great hand into the Cote mine with a position that is very similar to the one that occurred with the ROF and Chromite. KWG,Spider and Probe.
Cliffs was landlocked and chose only to take out Spider.
Cote is landlocked by only STA. Do your DD on that and look at the results of last December.
Its a perfect storm.
I have never pumped a stock before, other than PRB.
I actually enjoyed the years here reading and got to see everyones personalities come out. It was great to see that it wentfrom a ROF stock to this.
Just wanted to pass this along. I had never heard of Pinetree before what they did to PRB.
I now learned, they are a great investment tool.