Investments





2012 - Q3

Below is a list of Pinetree's disclosed investees by name, as at September 30, 2012.

Issuer Security Description Cost
('000)
Fair
Value
('000)
African Gold Group Inc.
AGG:TSXV
Precious Metals
16,350,000 common shares
650,000 warrants expire Dec 17, 2012
6,100 3,434
African Queen Mines Ltd.
AQ:TSXV
Precious Metals
6,647,000 common shares
250,000 warrants expire Nov 1, 2012
1,000,000 warrants expire Aug 8, 2013
750,000 warrants expire Mar 16, 2014
2,293 1,329
Americas Petrogas Inc.
API:TSXV
Oil & Gas
3,000,000 common shares
6,267 5,310
Anthem Resources Inc.
AYN:TSXV
Uranium
3,666,667 common shares
250,000 warrants expire Apr 21, 2014
33,333 warrants expire Jul 21, 2014
6,868 1,430
Apogee Silver Ltd.
APE:TSXV
Precious Metals
17,250,000 common shares
2,500,000 warrants expire Dec 3, 2012
3,031 1,898
Argentum Silver Corp.
ASL:TSXV
Precious Metals
10,090,910 common shares
1,532 1,362
Azimuth Resources Limited
AZH:ASX
Precious Metals
16,300,000 common shares
6,000,000 warrants expire Dec 31, 2012
4,572 9,493
Beaufield Resources Inc.
BFD:TSXV
Base Metals
8,395,000 common shares
500,000 warrants expire Mar 2, 2013
3,799 1,049
Bridgeport Ventures Inc.
BPV:TSX-V
Base Metals
4,602,500 common shares
500,000 warrants expire Dec 1, 2012
250,000 warrants expire Dec 20, 2012
2,361 2,946
Brownstone Energy Inc.
BWN:TSXV
Oil & Gas
12,740,220 common shares
1,369,110 warrants expire Apr 13, 2014
10,102 2,867
Caledonia Mining Corporation
CAL:TSX
Precious Metals
51,796,000 common shares
7,433 4,662
Canada Lithium Corp.
CLQ:TSX
Potash, Lithium and Rare Earths
6,750,000 common shares
3,423 4,582
Canadian Orebodies Inc.
CO:TSXV
Base Metals
15,502,000 common shares
1,000,000 warrants expire Dec 15, 2012
500,000 warrants expire May 18, 2013
750,000 warrants expire Dec 28, 2013
3,689 2,552
Canadian Spirit Resources Inc.
SPI: TSXV
Oil & Gas
4,000,000 common shares
3,457 1,312
Coro Mining Corp.
COP:TSX
Base Metals
13,566,000 common shares
6,467 4,477
Cream Minerals Ltd.
CMA:TSXV
Precious Metals
23,335,000 common shares
5,000,000 warrants expire Dec 21, 2012
4,488 1,519
Donnybrook Energy Inc.
DEI:TSXV
Oil & Gas
14,000,000 common shares
5,225 1,470
Energy Fuels Inc.
EFR:TSX
Uranium
15,793,552 common shares
9,853 3,061
Euromax Resources Ltd.
EOX:TSXV
Precious Metals
13,000,000 common shares
2,500,000 warrants expire Jan 13, 2014
3,915 6,535
European Uranium Resources Ltd. (formerly Tournigan Uranium Corp.)
EUU:TSXV
Uranium
5,769,770 common shares
250,000 warrants expire Dec 30, 2012
5,882 1,385
Evolving Gold Corp.
EVG:TSX
Precious Metals
6,900,000 common shares
2,000,000 warrants expire Aug 13, 2015
2,539 1,830
Gold Canyon Resources Inc.
GCU:TSXV
Precious Metals
16,700,000 common shares
300,000 warrants expire Oct 29, 2012
11,979 29,885
Golden Tag Resources Ltd.
GOG:TSXV
Precious Metals
5,600,000 common shares
2,000,000 warrants expire Nov 30, 2012
909,091 warrants expire Apr 20, 2013
2,927 1,176
Happy Creek Minerals Inc.
HPY:TSXV
Base Metals
6,912,500 common shares
500,000 warrants expire Dec 21, 2012
500,000 warrants expire May 14, 2013
2,589 1,417
Hodges Resources Limited
HDG:ASE
Coal
8,022,067 common shares
2,571 1,066
International Northair Mines Ltd.
INM:TSXV
Precious Metals
7,000,000 common shares
500,000 warrants expire Dec 28, 2013
2,777 2,442
Kilo Goldmines Ltd.
STA:TSXV
Precious Metals
12,500,500 common shares
1,000,000 warrants expire May 12, 2013
3,046 1,438
Lago Dourado Minerals Ltd.
LDM:TSXV
Precious Metals
3,200,000 common shares
250,000 warrants expire Jan 18, 2013
1,060 1,024
Latin American Minerals Inc.
LAT:TSXV
Precious Metals
16,700,000 common shares
1,000,000 warrants expire Oct 5, 2012
1,000,000 warrants expire Mar 10, 2013
6,763 2,505
Lithium Americas Corp.
LAC:TSX
Potash, Lithium and Rare Earths
5,800,000 common shares
8,457 6,532
Macarthur Minerals Ltd.
MMS:TSXV
Base Metals
7,500,000 common shares
500,000 warrants expire Jan 3, 2013
9,477 3,525
MacDonald Mines Exploration Ltd.
BMK:TSXV
Base Metals
16,500,000 common shares
6,810 1,320
Macusani Yellowcake Inc.
YEL:TSXV
Uranium
17,750,633 common shares
1,500,000 warrants expire Nov 4, 2012
1,600,000 warrants expire Dec 17, 2012
500,000 warrants expire Mar 25, 2013
10,421 2,221
Matamec Explorations Inc.
MAT:TSXV
Potash, Lithium and Rare Earths
13,000,001 common shares
4,510 2,275
Mawson Resources Limited
MAW:TSX
Precious Metals
3,486,000 common shares
441,176 warrants expire Oct 25, 2012
2,674 4,970
Mega Precious Metals Inc.
MGP:TSXV
Precious Metals
14,496,100 common shares
250,000 warrants expire Nov 9, 2013
750,000 warrants expire Mar 22, 2014
8,053 6,233
Mega Uranium Ltd.
MGA:TSX
Uranium
13,150,000 common shares
1,500,000 warrants expire Oct 26, 2014
15,086 2,205
Nighthawk Gold Corp. (formerly Merc International Minerals Inc.)
MRK:TSXV
Precious Metals
7,350,000 common shares
875,000 warrants expire Mar 7, 2013
1,000,000 warrants expire Sep 21, 2013
2,253 1,103
Nortec Minerals Corp.
NVT:TSXV
Precious Metals
18,156,000 common shares
3,024 1,180
Opel Technologies Inc.
OPL:TSXV
Technology and Other
3,803,500 common shares
2,500,000 warrants expire Sep 13, 2015
1,000,000 warrants expire Sep 27, 2015
902 1,354
Oroco Resource Corp.
OCO:TSXV
Precious Metals
6,700,000 common shares
500,000 warrants expire Oct 14, 2012
500,000 warrants expire Oct 26, 2012
500,000 warrants expire Sep 5, 2013
500,000 warrants expire May 23, 2013
1,941 1,709
Powertech Uranium Corp.
PWE:TSX
Uranium
9,710,000 common shares
750,000 warrants expire Mar 15, 2013
3,859 1,262
Primary Petroleum Corp.
PIE:TSX
Oil & Gas
17,250,000 common shares
5,584 5,175
Prodigy Gold Inc.
PDG:TSXV
Precious Metals
14,000,000 common shares
8,034 9,658
Queenston Mining Inc.
QMI:TSX
Precious Metals
5,550,000 common shares
15,426 22,256
Redstar Gold Corp.
RGC:TSXV
Precious Metals
10,808,000 common shares
1,000,000 warrants expire Jul 14, 2013
2,910 1,945
Rio Verde Minerals Development Corp.
CLQ:TSX
Potash, Lithium and Rare Earths
6,750,000 common shares
1,000,000 warrants expire Jun 27, 2016
2,698 1,721
Sanatana Resources Inc.
STA:TSXV
Precious Metals
7,850,000 common shares
500,000 warrants expire Jul 12, 2013
4,598 2,818
Soltoro Ltd.
SOL:TSXV
Precious Metals
4,532,500 common shares
3,046 2,492
Stans Energy Corp.
RUU:TSXV
Potash, Lithium and Rare Earths
11,251,500 common shares
250,000 warrants expire Apr 28, 2013
7,958 5,176
Talon Metals Corp.
TLO:TSX
Oil & Gas
5,250,000 common shares
205,000 warrants expire Oct 29, 2012
4,276 1,470
Temex Resources Corp.
TME:TSXV
Precious Metals
11,617,000 common shares
625,000 warrants expire Nov 19, 2012
5,128 3,489
Tigris Uranium Corp.
TU:TSXV
Uranium
9,800,000 common shares
2,955 1,274
Titanium Corporation Inc.
TIC:TSXV
Technology and Other
1,494,500 common shares
1,917 1,307
U308 Corp.
UWE:TSXV
Uranium
12,124,771 common shares
750,000 warrants expire Oct 14, 2012
441,250 warrants expire Feb 15, 2013
500,000 warrants expire Feb 9, 2014
6,591 4,850
Unigold Inc.
UDG:TSXV
Precious Metals
22,778,000 common shares
750,000 warrants expire Nov 17, 2013
1,750,000 warrants expire Mar 8, 2014
6,942 7,748
Vanoil Energy Ltd.
VEL:TSXV
Oil & Gas
4,650,000 common shares
500,000 warrants expire Oct 6, 2013
500,000 warrants expire Aug 2, 2014
2,323 3,005
©Copyright 2012 Pinetree Capital Ltd.