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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 Hagioson Jun 30, 2009 3:06pm
232 Views
Post# 16109237

"Pumper" now in damage control

"Pumper" now in damage controlSeems folks on this forum were informed of the direction a week ago....

We are in summer which in and of itself traditionally is a slow time when prices pull back 30% +- and assay results will NOT be out anytime soon contrary to misleading posts by the "pumper". 

Jay Taylor probably sold his position a week ago and will buy in again lower. Who after all do you suppose is selling? Dummies? No way Jose... the smart money is waiting to buying lower.

PEM is an attractive exploration play but there are NO GUARANTEES in speculative junior mining stocks so you don't want to be caught flat footed in the red if the market thinks the news isnt as great as "pumper" has suggested.

The problem with pumping excessively as "pumper" has done is that expectations become so high that when news does come out the stock tanks based on false expectrations.

"Pumper" is actually doing investors a disservice.
Bullboard Posts
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