Pinetree Capital Ltd. Announces Unaudited Financial Results
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 …
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”.
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