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

Bullboard Posts

Post by Hagioson Jul 14, 2009 9:45pm

223 Views

Post# 16137761

Prediction: PEM .35 Friday close.

I believe we will see PEM trading at or above .35c by Friday that is only 8c higher.

The T/A is sound, it had a pennant formation and has now broken above that and is off and running. Would not at all be surprised to see PEM at 35c by Friday in anticipation of next weeks news.

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