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Gold/Mining/Energy : Pinetree Capital-PNP-CDNX -- Ignore unavailable to you. Want to Upgrade?


To: Gulo who wrote (85)12/18/1999 3:16:00 AM
From: marcos  Read Replies (2) | Respond to of 233
 
Some bits from the Annual Information Form, 50k MSWord doc filed 21/05/99 - sedar.com

"Pinetree's approximate 8% equity interest in Enghouse is comprised of 650,000 common shares of Enghouse which have a book value of $1,150,948. As of April 30, 1999, the Toronto Stock Exchange reported a last trade of CDN$6.90 on Enghouse's common shares."
[...]
"The Corporation's approximate 4% equity interest in Lumenon is comprised of 746,400 common shares of Lumenon which have a book value of US$354,917."
[...]
"Pinetree holds an approximate 19% equity interest in GeneVest Inc. ("GeneVest"), a public company whose principal assets are an approximate 21% equity interest in Visible Genetics Inc. ("Visible Genetics") and an approximate 17% equity interest in the Corporation"
[...]
"The Corporation's approximate 19% equity interest in GeneVest is comprised of 1,810,503 common shares of GeneVest which have a book value of $1,538,326. On April 30, 1999, the Canadian Dealing Network Inc. reported a closing trade of US$1.45 on GeneVest's common"


I'm suddenly a lot less clear on this than i was ... maybe sleep will help -g- ... cheers




To: Gulo who wrote (85)12/20/1999 8:05:00 PM
From: Vitalsigns  Respond to of 233
 
Both VGIN and Lumm had a good day today. I have placed a call to Pinetree to clarify the VGIN position. I still believe what I have been told , that PNP holds about 1 million VGIN indirectly but will re-confirm with Management. As soon as i get an answer (hopefully by tomorrow) I will post an update .

Also there were 2 other companies i forgot to add to the position.

- aprox. 500,000 shares of ILX.cndx (ILI technologies) 4% interest. last trade .34 cents

and a 24% interest in a private company called Worldvacations.COM.

Vitalsigns