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 joe2010on Mar 29, 2013 11:40am

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Post# 21185292

Just Hoping

This whole option agreement may drag out for 5 years , basically I believe Del may be stalling for more time till the markets improve and at the same time he is keeping PEM alive. We just have to wait and see how it unfolds. To sell now for people who have been holding for awhile like me would be useless, unless you have a considerable amount and can put that cash towards a company that’s on the move? Hoping for the best and maybe who knows we may get some of our investment back, doesn’t hurt to dream.

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