Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by Hagioson Jun 18, 2009 4:02pm
305 Views
Post# 16082094

RE: RE: RE: PEM

RE: RE: RE: PEM"The majors aren't just watching PEM, they're watching scores of juniors with viable projects."

100% correct.

With a shortage of gold along with other commodities the larger mining firms are not interested in junior explorers but in companies who have NI 43-101 deposits, some sort of scoping or feasibility studies in process or completed which points the way to a reasonable expectation of becoming a mine. 

Its fine to talk about the "Big Boys" and get all excited and twitchy however the reality is these companies can only function with deposits which feed their mining models for what is needed to keep there mills in operation. The bigger they are the bigger the deposit is going to have to be to attract attention and PEM is very far from that possibility in their exploration program which is just in its infantcy.   Anything else is conjecture and a healthy dose of wishful thinking at best.

One in a thousand ever makes it to a mine. Lot's can happen between now and then. It is a process which takes years to complete. It is really unwarranted to be discussing any takeover.......of what?   Let's get real here!

I read a suggestion about assays back in like a week. I know a months time is not unreasonable to wait for assays. Two weeks would be fantastic, but a week?  In normal terms that would mean that hole # 1 assays should be out give or take mid July right in the middle of summer vacation time or they could be 'delayed'  till September when the market would react more favourably. 

GLTA
Bullboard Posts
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse