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 WhiteFoxon Sep 01, 2010 12:56am

428 Views

Post# 17402754

Publicity?

Yesterday's Northern Miner article may have generated enough interest in PEM to cause today's uptick. PEM has done an admirable job of limiting news leaks (as evidenced by limited trading prior to the last two releases) and we aren't expecting news until next week. Perhaps this good news story is finally getting out? Regardless, it is nice to see a share price increase with good volume.

Bullboard Posts

This junior mining stock offers billions in market exposure