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Gold/Mining/Energy : Pinetree Capital-PNP-CDNX
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To: keith massey who wrote (76)12/17/1999 5:11:00 PM
From: Vitalsigns  Read Replies (1) of 233
 
Keith,

If you factor in the fact that i priced the private companies at Cost ,Pinetree's BV is selling at an even deeper discount then I calculated. I would doubt that Softquad would IPO at 1.25 mil CND...LOL!!!!! I would guess
our 35% would fetch at least 25 mil US at minimum IMO.
So you can add another $4 CNd to the BV .

Vitalsigns
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