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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Comment by BigBallerson Jun 25, 2009 9:09pm

124 Views

Post# 16099758

RE: What if.....

This is more or less a speculating stock, however past drills by big companies shown this area have potential for high quality gold. This in return lowers the risk of not finding gold.

It's not like they randomly pick a spot to drill, obviously they have done some research before drilling.

They do have a fairly experience team whom are experts in their fields. I don't think they would put their reputation on the line if they weren't so sure. (This include Jay Taylor).

Hope news come soon.

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