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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Comment by wood6411on Jul 21, 2011 10:39am

249 Views

Post# 18856313

RE: Something is very wrong with

And what makes you think the price can't go lower gg? Not many thought it couldn't go below .60, .50., .40 either. Heck, we can't even break above the 10EMA for peetesake. Not exactly a vote of confidence by the market imo.

Hey, this is a mystery stock. Not much makes sense here. We supposed are sitting on a gold mine, and still we have shares being flushed down the proverbial toilet in the .30's. What do these people know that we don't?. My money says it is still the bigger institutional shareholder who is doing the dumping, not Mom and Pop. Not with volume like today.

I drank the serum, but it doesn't mean I have to like it.

Good luck to us all. Perhaps Big Al K will have a good explaination as to what is going on here, on his show this weekend. It's amazing that Del can't get all those that are dumping to believe in the story.

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