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 Oct 14, 2010 4:26pm

521 Views

Post# 17565992

I`m not too worried...

Guys, we`ve seen this before... It goes up and it goes down... I see a couple scenarios.

1. Either sell at high points
or
2. Hold for higher gold prices

It`s that simple. (I`m #2 by the way). No need to complain about price fluctuations. In a couple weeks or maybe a couple days (at the longest a couple months) the stock`s going to be making new highs again - atleast that`s why I put my money in PEM. It`s a great mine , has got a lot of attention, so far hasn`t let me down.

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