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 prospector7on Jun 08, 2009 12:13pm

172 Views

Post# 16052043

you betcha PEM is one of the few

penny stocks you can buy at this level and have proven resources with a 43-101 in hand, these volumes have attracted a lot of attention to PEM, you only get to be part of something like this a few times in ones life time. Once the drills expand on the resource with modern equipment that wasn't around when Kinross drilled. Production will be right around the corner this is what will attract a major to our Premium play.

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Geologica Resource: Polymetallic upside at a depressed price