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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

Bullboard Posts
Post by prospector7on Jun 09, 2009 9:40am
257 Views
Post# 16054504

A Reason I quit Prospecting

A Reason I quit Prospectingfor Mining Companies is because of the Pump and Dump hype when we would come home in the fall and read the reports, we would say to each other is this the same claim we worked on. The company would say that they did drilling and had core samples that looked good when all we did was trenching. That is a Pump and Dump.
PEM has a 43-101 with proven resources and a solid plan in place. PEM is no pump and Dump.
Like the driller says these are Bull Boards where people share their DD on stocks with the SH community, A good DD man like Coffin gives his opinion and we all respect his picks because he is a winner and then we do our DD.
If PEM was a Pump and Dump the SP would have dropped the next day after that first run up when there was over a million shares traded.
We see those moose pasture Pumps and Dumps everyday In a matter of fact you erase them from your watch list because you know it is a Pump and Dump.
PEM is the real deal with documented reserves PEM has traded at this volume because it is a very good Company that has the real goods Hang on this play is just warming up. If you did an intense DD you would know tha PEM is the real deal GLA
Bullboard Posts