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

Bullboard Posts

Comment by WhiteFoxon Apr 19, 2011 9:17am

158 Views

Post# 18451801

RE: RE: Perfect Storm

I hate to admit it, but 'Perfect Storm' is the perfect description of what we are witnessing. US deficit, Greece and Ireland financial messes, gas and food prices raising inflation concerns (even while the Saudis try and convince the world there is oversupply of oil), and China raising interest rates. I agree the TSX is somewhat insulated, but short term stock prices world wide (including, unfortunately, those listed on our beloved TSX-V) could take a big hit in the very near future. PEM rocks, but I'm worried about the ripple effect from any and all of the above. There may be an up side to this, however, if you've got cash ready to go!

Bullboard Posts

The Market Online’s Weekly Cannabis Report – July 5, 2024