Pinetree Capital Ltd. Announces Unaudited Financial Results

- August 12th, 2010

Pinetree Capital Ltd. ( TSE:PNP) reports its unaudited financial results for the three and six months ended June 30, 2010. As at June 30, 2010, total investments at fair value stood at $317.9 million, as compared to $366.7 million as at December 31, 2009, while the total number of investments remained constant at 429.  Sheldon Inwentash, Pinetree’s … Continued

Pinetree Capital Ltd. ( TSE:PNP) reports its unaudited financial results for the three and six months ended June 30, 2010.

As at June 30, 2010, total investments at fair value stood at $317.9 million, as compared to $366.7 million as at December 31, 2009, while the total number of investments remained constant at 429. 

Sheldon Inwentash, Pinetree’s Chairman and CEO says:

“During the quarter, we experienced some pullback in some of our investments in line with the softness in the overall TSX and TSX Venture Exchange markets”. “The global markets remain difficult, however, we remain cautiously optimistic in our continued ability to make quality investments over the longer term and remain bullish on the commodities sector in which we invest”.

For complete news release, click here.

For Pinetree Capital’s company profile, click here.

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18 responses to “Pinetree Capital Ltd. Announces Unaudited Financial Results

  1. Lynas had obtained approval in Australia, but Malaysia invited Lynas to set up production there, – as Malaysia could provide facilities and staff that Lynas needed. Now look at what a tragedy it has become! Lynas’s customers are fleeing to her competitors because production has been delayed for coming to 9 months, enabling her competitors to catch up, while Lynas licence was approved in February but NOT ISSUED… There goes those profits!

  2. Lynas had obtained approval in Australia, but Malaysia invited Lynas to set up production there, – as Malaysia could provide facilities and staff that Lynas needed. Now look at what a tragedy it has become! Lynas’s customers are fleeing to her competitors because production has been delayed for coming to 9 months, enabling her competitors to catch up, while Lynas licence was approved in February but NOT ISSUED… There goes those profits!

  3. politics at its worst
    but Najib is in USA now touting how good Malaysia is and that people should invest in its high tech industrial parks

    SAY WHAT?

    Invest when the GOV puts its foot on the brake?

    give me a break please

  4. politics at its worst
    but Najib is in USA now touting how good Malaysia is and that people should invest in its high tech industrial parks

    SAY WHAT?

    Invest when the GOV puts its foot on the brake?

    give me a break please

  5. Lynas has passed ALL safety regulations in Malaysia and Internationally. They should not be victimised. The operating licence should be issued as soon as possible.

  6. Lynas has passed ALL safety regulations in Malaysia and Internationally. They should not be victimised. The operating licence should be issued as soon as possible.

  7. 16 MAY 2012 BEWARE  – OPERATING LICENCE NOT ISSUED, DELAYED AGAIN.

    From what Lynas is going through, we can see that investing in Malaysia may be quite a nightmare- not only for investors but for the many people depending and waiting for the rare earth supplies… so they can carry on business..

    By the way, is the government holding hands with the opposition to drive Lynas into bankruptcy with repeated and endless delays?…How sincere are they in letting Lynas start operations? … I use the word ‘sincere’, because they know very well delaying Lynas production start date so many times, for such a long time, will have very serious and detrimental financial and survival effects on Lynas and her business partners…

  8. 16 MAY 2012 BEWARE  – OPERATING LICENCE NOT ISSUED, DELAYED AGAIN.

    From what Lynas is going through, we can see that investing in Malaysia may be quite a nightmare- not only for investors but for the many people depending and waiting for the rare earth supplies… so they can carry on business..

    By the way, is the government holding hands with the opposition to drive Lynas into bankruptcy with repeated and endless delays?…How sincere are they in letting Lynas start operations? … I use the word ‘sincere’, because they know very well delaying Lynas production start date so many times, for such a long time, will have very serious and detrimental financial and survival effects on Lynas and her business partners…

  9. its all been done
    the AELB had weekly meetings then the PCS was to educate the people however it was used as a political tool by the SMSL opposition group

    everything was done by the book

  10. its all been done
    the AELB had weekly meetings then the PCS was to educate the people however it was used as a political tool by the SMSL opposition group

    everything was done by the book

  11. You would think oe of the first things they would do is get public and government approval.. put out feelers and invite the public in..

    don’t wait until there is a backlash..

    imo

  12. You would think oe of the first things they would do is get public and government approval.. put out feelers and invite the public in..

    don’t wait until there is a backlash..

    imo

  13. the problem is that the opposition to the LAMP has never put up any verifiable scientific proof to substantiate its claims and so is being challenged in court.

    Debates at the recent symposium was a good chance to get the facts and to discuss their issues however they failed to show.

    Its a shame that it has come to this but what else could be done to stop the disinformation 

  14. the problem is that the opposition to the LAMP has never put up any verifiable scientific proof to substantiate its claims and so is being challenged in court.

    Debates at the recent symposium was a good chance to get the facts and to discuss their issues however they failed to show.

    Its a shame that it has come to this but what else could be done to stop the disinformation 

  15. I hope Lynas can overcome the last two hurdles:
    1) Get the operating licence from the AELB.
    2) Prime Minister Najib Razak’s party MUST win this coming elections. The opposition is dead serious about kicking Lynas out of Malaysia, if they win, ..and they have said so..They claim Lynas is a danger to the environment and people, because of radiation and pollution.. Lynas must firmly and aggressively counter these claims.

  16. I hope Lynas can overcome the last two hurdles:
    1) Get the operating licence from the AELB.
    2) Prime Minister Najib Razak’s party MUST win this coming elections. The opposition is dead serious about kicking Lynas out of Malaysia, if they win, ..and they have said so..They claim Lynas is a danger to the environment and people, because of radiation and pollution.. Lynas must firmly and aggressively counter these claims.

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