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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 10, 2009 9:07pm
226 Views
Post# 16060369

MORE TO COME

MORE TO COMEthere is no way that all these shares traded and the Institutions bought in very big some in the ,25 range. They know something we don't and it all has to do with who bought those 1,000,000 shares, .
When this happens whoever bought the 1 mil shares start buying huge when the PP closes, look at the amount bought by RBC, PI and others it is a lot of shares these guys don't buy that much unless there is a plan.
My guess is the plan is to get as many shares as possible because one of the big boys want a huge slice of PEM.
 PEM is a few steps ahead of a moose pasture, with the 43-101 and 7 mil invested already on 192 holes makes it a good opportunity for the majors.
When you look at that strike zone and the new equipment out there today the PEM team knows it is there and so does a Major, might even be Kinross.
I got a good Kellog Idaho story I will have to tell one day when I was there in 1967 on Sunday maybe when there is more time. GLA
Bullboard Posts