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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

Penbar Capital Ltd
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Post by Adahondeayenhon Mar 24, 2010 12:33pm
151 Views
Post# 16918857

Gold mania?

Gold mania?I don`t know people... I actually like PEM and I`ve already taken a serious look at the news release. The CEO and investor recommendations are excellent. You want to see a gold explorer that`s excellent but doesn`t have such a good CEO? Try Rye Patch Gold - RPM - which I also own. They are nothing compared to PEM, and it`s because of management IMO. (Of course, institutions and insiders have been buying the heck out of this stock!)

I do believe that there will be a gold mania stage, like the one Coffin talks about. Obama is 100% socialist, and MY country is headed in for the bad times... The economy can NOT support itself, and more and more people are calling this out. Gold is going to rise major , and the gold markets are going to get a lot more bullish. I just can`t say that this is the time to be selling--- especially not when we have volume nearing 1\2 million...

Just look at the index for gold miners and you will see that it`s not very bullish at all. Bad time to sell, but a good time to buy.

We know that PEM has the gold in the ground, and it might be a while before they find another big hole, but it will happen. PEM even has open-pit potential which looks very nice.

I`m not trying to "pump" at all. I was just listing some of the reasons why I bought PEM in the first place.

I do own PEM and I am not qualified to make a recommendation , please do your own DD and have a good day :)
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