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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

Penbar Capital Ltd
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Post by prospector7on Jul 22, 2009 8:55am
237 Views
Post# 16156183

Huge Upside Potential for PEM

Huge Upside Potential for PEMfor a number of reasons not often  can you buy shares in a junior that has a claim with a feasibility study in hand for the Buffalo Gultch claim then PEM has another claim to the south that has a 43-101 with over a half million proven ounces. To top it off there is 18 km between the 2 claims that have had a number of small gold mines operating over the years producing gold.
This is why Coffin has done his DD very well as usual and has picked PEM as a 5 to 10 bagger with a very small market cap. This is why PEM has a huge upside potential.
I'm glad I'm on this train GLA should be another good day with just buyers and not many sellers. Don't forget Chrome Mountain which has a huge potential also.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities