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


To: Bwe who wrote (222)9/17/2007 5:49:37 PM
From: PaperPerson  Read Replies (1) | Respond to of 233
 
Bruce, Re Mr. Dines' interview, thanks for the compliment. I study him closely. I listened to that interview twice and compared it with recent columns of his.

Mr. Dines is definitely inching back toward emphasizing precious metals stocks. I would not be surprised to see the sept. 21 newsletter come out with a new gold-silver producer recommendation or two. Something substantial like Kinross or Agnico-Eagle.

If not that, maybe a reiteration of the fact that he has always had those on his lists 1 and 3, even if he hasn't been writing about them a lot.

this would help balance out all the junior uraniums he carries as recs.

Re PNP, we have had two consecutive trading days with 3 million plus shares changing hands, and back-to-back gains of 15 percent and 19 percent!

To me, this almost has to be leakage of upcoming positive news of some type.

I like a climbing stock with no visible news very much. The reason, of course, is that you still have a day to sell into strength when the news is announced, if you wish.

Michael



To: Bwe who wrote (222)9/25/2007 12:03:07 AM
From: Bwe  Read Replies (1) | Respond to of 233
 
Michael,
I bought into Pinetree last week at $5.85. Pinetree's chart, while under the bearish resistance line looks very good. The chart shows a triple top buy signal at $5.50 and I see the stock moving first to the price objective at $8.25 and then to the downtrend line at $11. We'll see what happens from there.

stockcharts.com

I like the announcement about them buying in their own stock over the next year.

Bruce