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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 WhiteFoxon Sep 08, 2010 9:42pm
304 Views
Post# 17427377

Yixter

YixterLet's give Yixter credit. While the rest of us were of the opinion we MIGHT see a release today or tomorrow, and weren't aware of the exact nature of pending news, he(she?) posted the following at 3:15 this afternoon (before the 4 o'clock release):
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Just talked to IR!

They said news release next week for assays and airborne survey release this week! They are sure stretching the news out and it better be good investors aren't going to happy waiting this long for average results! I was told things are going very well so there it is anyone wanting to confirm this feel free to call!
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So when I saw his follow-up statement, he got my attention:
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Smart move PEM!

It appears the reason for the delay in assay results is they were protecting their real estate they were trying to keep things quiet to keep the blood.hounds from moving in now they have locked up their land position the news will flow starting next week! They say the mineralisation they are hitting is outstanding and if we add 500 meters to the north and south we are looking at 1300 meters of strike length over 4 times what we have now and still only 5 to 7 percent land drilled enormous potential and management is telling us hold on this is gonna be incredible!
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Bullboard Posts