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

Post by fireintheholeon Jun 08, 2009 2:07pm

188 Views

Post# 16052443

prospector7 - Gold may not be the...

place you want to be, unless you are considering going short. From the Commodities Report.

Metals

Metalscontinue to defy my expectations of a price collapse as the dollar remainsweak. This trend appears to be nearingits end. Gold and silver remainunderneath their respective contract highs and I see this being an even bettershort than before. Bear put spreads arerecommended in gold and silver. Straightputs are recommended in copper with an aggressive 190 target by the end ofJuly.