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 Aug 12, 2013 1:36pm

497 Views

Post# 21664074

One Question

I have been a fool and have held PEM for a while, One question I have for everyone is ; with over 1 million ounces that Pem has and they are at a record low , With such a " Great Property " and potential of 5 to 20 Million Ounces why hasn't a major picked them up ? or at least have a proper farm in deal ? Something is not right here, If the propery is as great as everyone believes then something should have been done. What is going on, anyone have any clues outside of the obvious management is terrible.

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