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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 Aug 08, 2009 12:31pm
151 Views
Post# 16202572

Found what I have been looking for a long time YES

Found what I have been looking for a long time YES

If you press on claim map it is an amazing map. IFsome one can figure out how to transfer just the map it would be great. This map shows the whole area and guess what folks it is all unglaciated on all PEMs claims this means that the Glaciers never scraped the gold away and all PEM needs to do is find the host rock which is obviously there.

No wonder this team is on board with PEM and that they bought 22% of the PP and that every investment house in the country owns PEM and that J Taylor recommends PEM being so strong and the most underpriced junior in the country. No wonder the bashers are here so strong, there is a huge interest here for obvious reasons. Patience is golden. that gold from those placers mines in the past came from somewhere and it is right at the surface and the host rock isn't far away maybe they haven't drilled deep enough and have only been trying to find the width which is the first step and that is looking very good .

After seeing these maps I'm believing in PEM a lot more than ever, I would really like to see a piece of gold that was panned from that creek, you can tell by looking at the gold if it came from a long distance or short. Either way the claims cover enough of a distance and a proven strike zone that all PEM has to do is keep drilling and they will find it and when they do I will be on board 100% no way I'm leaving this play for a long time.

I only wish I would have gone when invited if this was just a pump and dump PEM would not have invited a lot of people down there when they pulled that first core sample, they were confident what was going to be pulled that day. With an area where it has been unglaciated with a huge placer history it is a no brainer folks be a winner and not a whiner. also remember we have a lot better geo tech eqip these days GLA

General Project Location

Completed 2009 & Historic Drill Plan

Specific Project Location

Completed 2009 Phase One Drill Plan

Claim Map

24 Historic High Grade Drill Holes

Geology

1200m Unexplored +0.5 g/t Au Soil Geochem

531,890 oz Au Inferred Resource

Bullboard Posts