PNP Now Reporting Monthly NAV—Surprise to the Upside

RYAN ROEBUCK, M Partners (02/16/2011)
"Yesterday, Pinetree Capital began issuing its NAV on a monthly basis; as of January 31, 2011, PNP's NAV stood at $4.68/sh. . .we estimate the current NAVPS stands at $5.03 and that investors should take advantage of the 17.5% discount to NAV.

We believe that owning shares of Pinetree Capital is one of the most efficient ways to gain leverage and beta to the junior resource sector while avoiding a lot of the headline risk and liquidity issues with names in the space."

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