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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 prospector7on Jul 30, 2009 3:25pm
151 Views
Post# 16179674

RE 140 year history

RE 140 year historybeen trying to down load google earth. I know one thing for a fact the best place for a placer mine or hard rock is where it is unglaciated which the Friday Petsite strike zone has is unglaciated terrain.
I found an unglaciated placer claim in Yukon years ago and they never even had it on there maps. I was working for a Company from the old Van days and they were only interested in one certain rock formation and said forget it. That's when I did the backward flip I have never panned so much gold and wanted to follow the creek up to find the outcrop where that gold came from, the geo wouldn't let me. A few years later a company staked the ground above where I panned and started a mine.
If those rock piles are below PEMs claim that is a huge indicator that the gold is coming from PEMs claims I think this is why there is so much interest in PEM especially the team with Mike and WILF THEY know what is going on here with the geology.
Hang on everyone we are onto a good thing here. GOOD work finding those rock piles.
Bullboard Posts