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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 monkey3Don Sep 02, 2011 12:50pm
136 Views
Post# 19007239

So I Am A Thief ? taken from elsewhere

So I Am A Thief ? taken from elsewhereThe Great M 1 ! reminder, In recent months PEM officials have said:

First, I need to clarify what is in the corporate presentation: "8m ounces of regional gold has been historically mined." This was clarified to me today as 8m ounces in all of Central Idaho, and not just on the OSZ. I am still awaiting an answer to my question about how much gold is believed to have been historically mined on the OSZ on PEM's land holdings. I have read and heard it could be 4m ounces, but I am unsure.

Del: "stand by the fact that PEM will turn into a mining district."

Mike O, said "Multiple zones have the potential to become district size deposits."

Mike O. : PEM officials did meet with Dr. Michael Berry who "showed a lot of interest and excitement in PEM's Idaho project."

Mike O. stated "the horse is at the gate ready to break out, ready to make multiple discoveries, and it's going to be fantastic."

Del: "We have started development, the scoping, and the engineering. . . as to a potential mining plan."

Del: "the ounce potential will go up exponentially."

Del: "looks like potential for at least 3 new discoveries." (Referencing the Deadwood drilling zone in the coming weeks/months).    ????????????????????//  Well I can always pretend I came up with this myself.

Bullboard Posts