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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
Comment by wood6411on Jul 07, 2011 1:34pm
213 Views
Post# 18807097

RE: New out!

RE: New out!
Yes, RY, we need bigger numbers then this for the NR headline. Not bad for a supporting hole though, if it came with one of say 5gpt over 100meters for example. It is what it is though. At least they hit gold in the hole. I suppose. Some junior explorers would love to hit holes like this one.  

This company must also do a job at putting out correct information in news releases, and not have to do these corrections. My goodness, when you start of a news release with a correction, you cast doubt in the minds of those who read these. Uhmm, I wonder if the info in this news release is correct, some may be thinking?

Not bashing here, just pointing out that these are the kind of things that shoot us in the foot, and negate the other positive news attached with it. I remember when I was at PDAC this March, I picked up on a discrepency in the numbers of one of the statements in the company brochure that was given to me. When little retailers like myself can spot these things... well, lets just say, I wish we were a little more dilligent, especially when it comes to public information, especially in news releases.  

Now come on Mike, lets have a blockbuster hole to get this party started. Man, we better hit good grades at Deadwood. Seems some think this will be the holy grail. I hope so for all our sakes. If we disappoint in the least, today's share price will look like a pot of gold.

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Simply put, they need better highlights than this imo:

"Drill highlights include PFR2011_5:   1.0 g/t gold over 40.5 m within 0.4 g/t gold over 267.0 m"

Retiring Young

Bullboard Posts
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