Pinetree Capital-PNP-CDNX Message Board

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Gold/Mining/Energy : Pinetree Capital-PNP-CDNX

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To: Vitalsigns who wrote (80)	12/18/1999 2:24:00 AM
From: keith massey	Read Replies (2) of 233

I sent a couple of people to this thread that are probably reading this message. It seems their has been a slight mistake in the math and the book value appears to be around $5-6 a share according to my figures. It is still selling way below book but this sure makes a lot more sense since something had to be seriously wrong with the company for it to sell at less than 1/3 book. I will triple check this with the IR on Monday. So to all the people I quoted $10-11 BV please disregard that statement for now.... sorry about the confusion. Best Regards KEITH

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