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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

Bullboard Posts
Post by prospector7on Sep 16, 2009 8:34am
215 Views
Post# 16309751

Inflation Drives POG

Inflation Drives POGHow can anyone believe the stats that inflation is not running high what a joke everything you buy is higher. Todays news that there is a recovery and on the other news clip that unemployment is going higher every day. Does any of this add up coupled with the fact that for the last few months gold opens up over seas and as soon as our markets open it goes down. Read between the lines and it all equals gold going ballistic.
PEM one day will be the real winner when the dust settles. The monopoly $$ is going to run out soon and all those stats will change and inflation will be huge.
One more thing to think about is the real estate market it isn't the common joe buying houses it is investors who know a good investment and are buying real estate with cheap $$$$ and why not they won't invest in securities any more and why would they? This is the stats that they are using to drive this economy and it is as phoney as their $$$$$$.
Gold juniors are the place to be especially ones like PEM who have a 28KM strike zone with an established mineralized width, will be interesting when they drill deeper.
I just wish Del would have been more aggressive. GLA
Bullboard Posts