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 Emili0on Jul 21, 2009 10:30am

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Post# 16153371

RE: Positive Movement

PEM has seen some positive movement this morning but on low volume. Seems like everyone is holding tight on their shares. Market and PEM is taking a bit of a breather after a good runup. Should see some fluctuations in share price up until news release hopefully later this week as some people get antsy waiting for the news release and others trying to get in before it's too late. Gold still holding strong at $950.
Emili0

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