We recently had a chat with management over at Pinetree Capital (PNP.TO) and they were very optimistic about a handful of diverse investments they’ve made in the cloud computing (LeoNovus, LTV.V), microprocessors (Poet Technologies, PTK.V) and bio-tech (Lorus Therapeutics, LOR.TO) spaces. As a brief primer, Pinetree is a diversified investment and venture capital firm focused… Continue Reading
Sheldon Inwentash’s Pinetree Capital has acquired 18 million shares of Allen Lone’s Augusta Industries (TSXV:AAO) at 5 cents in a private placement (market price for AAO has been 2-3 cents recently), bringing PNP’s total ownership of AAO to approximately 60 million shares or 28.5% of the company. To pay for the financing, Pinetree swapped 3 million… Continue Reading
Of the 2000 junior resource companies we track, very few have the strength of Continental Gold Corp. It has over $130 million in the bank, analysts believe its 5.5 million ounce Buriticá high-grade gold deposit in Colombia will become a cash cow, its technical and management teams are well-experienced, and when the deposit gets permitted… Continue Reading
Despite dramatic headwinds in both the uranium and exploration industries, Canadian explorer NexGen Energy has cornered the Athabasca Basin’s two best, recent uranium discoveries. On March 11, 2011, the uranium industry was devastated by the nuclear catastrophe at the Fukushima power plant on the west coast of Japan. The black swan event also coincided with… Continue Reading
