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

Post by wood6411on Feb 25, 2010 2:24pm

176 Views

Post# 16820425

Tech Chart Looking Very Weak Here....

This is not looking very good as of late. Tomorrow is another day though.

Can't help but wonder what was being looked at by those who were saying the chart is looking bullish a few days ago? The only thing I see that went upward was a bit of volume, but that was with a downward spiral in price, so that is not bullish. I am no expert in reading these indicators, so I might have missed something.

As for where we are at present. Well, lets just say it isn't looking very pretty. We need the skipper to tighten up on the wheel and right this ship. No one is doubting we have something in the ground and tons of potential, but so do all those olympic atheletes we have been watching this past week. If they can't execute, it's just a dream. Not much different for these small explorers.

I don't know what is wrong here. Why isn't the investment community all over this one in a big way, and driving this to the moon? Those with their finger on the pulse have to light a fire under this. Come on Mr Steiner, squirt your pickle pal. Turn this ship around, and get it back on course. Stop the bleeding.

Good luck all.