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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

Penbar Capital Ltd
Bullboard Posts
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(3)
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Comment by megabidon Aug 10, 2015 8:54pm
97 Views
Post# 24005373

RE:RE:Just another nail in the coffin....................

RE:RE:Just another nail in the coffin....................Widestrides, in this environment, only a WORLD CLASS MULTI- MILLION OUNCE DEPOSIT WILL GET FINANCED. What are the environmental restrictions? Is the ore refractory.? I.e. How much gold can you get out of it. 50% , 70%? THERE ARE MANY MULTI MULLION OUNCE DEPOSITS IN THE WORLD THAT ARE NOT DEVELOPED, BECAUSE THEY ARE NOT ECONOMIC. Just because you have 3 million ounces in the groung does not mean you have a mine, a d PEM has a fraction of that. Sooo, the answer to your question is No, PEM is not worth 5-10 cents. The market is telling you it is worth nothing...listen. Also. I knew we were screwed with all the idiots bragging how they own 2 million shares... You daon get a chance to buy a great prospect at 2 cents.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities