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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 Feb 23, 2010 10:06am
215 Views
Post# 16810249

level 2

level 2looks good sellers selling and buying back lower good sign they just want to have a lower average before PEM goes higher.
A lot of us have been into PEM for a long time and know this ground and story very well, the markets reacted the way it should today, take an opportunity on news to sell at the gun and to buy back lower.
We all know how Wilf came on board because they know this unglaciated ground well that is sitting there untouched for millions of years. Wilf can read it like a book now because it is undisturbed. He is the man and doing a very good job. PEM put that NR out after trading hours for everyone to digest the news. A lot of brokers only read it this morning quickly and though oh oh and hit the sell, then they have time to read more into it, like what Geo says PEM staked more ground yes very smart  and says a lot this is going to be massive over all. So after reading it more those brokers clients are going to be buying more than before and PEM will recover. Do some very intense DD and phone PEM Myself personally feel like putting most of my account into PEM and just sit back and wait for the day someone puts in the order to buy the whole works. It is inevetiable that  will happen JMO GL
Bullboard Posts