Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.

TSXV:PEM.P - Post by User

Penbar Capital Ltd

Bullboard Posts

Comment by desperado76on Sep 10, 2009 2:58pm

181 Views

Post# 16294452

RE: RE: RE: truth is in the ground..correct?

I haven't read or heard any news that wasn't positive. Of course, it depends on what you want positive to be. Is there oz's in the ground?
Yes.
Does it appear that the resource estimate can/will be increased?
Yes.
In this market, is it hard to drum up financing for more drilling based on the info we have so far?
Not that hard.
I wouldn't be surprised to see this back at 30cents within a couple of days again.
All you grease faces that keep this baby chatter till all hours of the morning make this look board look like sh#t.
Conversly, PEM reflects the board.
If you read this board sometimes through the night, would you invest a dime in this?
This is a great risk/reward prospect in the low twenties.
Does anyone really believe we'll never see 30-35cents or higher.
even a 50% up from here is nice.
Sure can buy alot of Harvey Wallbangers with that kind of gain while we wait for all PEM prospects to develop.
I dedicate my first Wallbanger to Mineral Miner, still my favourite poster on this board.

Bullboard Posts

This battery metals stock is on a path to the global stage