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

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Comment by greenpastureon Jan 14, 2010 12:19pm

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Post# 16678817

RE: Lacks Punch

Dude, good post. I have had this since Taylor started covering it in Dec on the last pullback. Still holding over 70% of my position but this move of 103% in 3 days on a 3.8 g/t n/r was just too much not to pay for a few of those 20-25 cent shares. 100% in 3 days and to think I used to work for a living. <gg>. Will always be able to add those shares back on weakness either here or at 1.00. Heading to the WOC also and looking forward to asking some questions and seeing what they have to say about this one. Will be good to see a few SH players there.

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How a junior advances one of the largest undeveloped diamond projects