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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 blackswanon Aug 06, 2009 4:19pm
244 Views
Post# 16197372

Any geologist poster on this board?

Any geologist poster on this board?Mud slinging is not the answer.

Has anybody who knows geology  analyzed  this news release? Was it really that bad? Why did the stock dive so much? Obviously the market expected something quite different. This was not a simply correction after the fact.

In my opinion I would not buy the stock until it settled and find out why the market did not like the results. The momentum is probably downwards, so don't be surprised to see 25 cents, but still a good move if you go back 3 months.

Anyway, why doesn't anybody phone the company and finds out  WHY?????

Just my 2 cents.

 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities