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 WhiteFoxon Jan 26, 2010 3:01pm

258 Views

Post# 16720699

RE: Symmetrical Triangle

Thank you for your comments stonefox. I'm a big fan of PEM and anxious to buy back in, but don't want to leave too much on the table. It will be interesting to see the impact on the broader markets when China loosens the purse strings in February (assuming they do). Regardless of how much PEM has to offer, I believe the upside potential will be affected (both positively and negatively) by market forces beyond management's control.

Bullboard Posts

Quebecor achieves all Freedom Mobile acquisition commitments