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 sluiceiton Jun 10, 2010 12:32pm

300 Views

Post# 17177225

Coffin is the best

Leave him alone, how can you blame a down turn of a junior on a person. If you want to blame someone blame Wilf for giving the farm away.
Who in there right mind gives warrants out at .35 that can be sold right away that is the whole problem.
What does this tell you? Instead of bashing people spend some time on thinking, like the smart money investors like Coffin know that institutions will shake out the retail and bring it right back up to .35 to sell their gift from Wilf, then the right NR will come out after they sell their gift and PEM wiil go higher because PEM has the goods.
I want my money in a stock that has the goods in the ground which PEM has and a junior with money in the bank is a good investment. Do some DD instead of bashing someone that at least knows what is going on.

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