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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 09, 2009 9:46am
164 Views
Post# 16203550

Why Shallow depth is good

Why Shallow depth is goodWhen Magma is flowing it forces itself into channels which creates veining that is fractured when the glaciers come along they spread all that fractured structure everywhere. When you have a 28 km strike zone that has a large part that hasn't been drilled yet and there is proven resources by way of a 43-101 you have one of the most amazing strike zones in North America it is very rare to have an anomaly like this until I was put onto PEM by Coffins DD I never knew there was an unglaciated area like this. I told you about us finding one in Yukon years ago what a rush that was.
Remember that what they like to do is establish the width of a strike zone first which they have now done and it looks good, no one has really drilled at a deeper level on this strike zone, my whole point here is that I'm trying to put out there is that with the gold on the surface and unglaciated, the main structure is below that where the mother lode is waiting to be found is my opinion and I could care less what bashers say this is the way our earth has been formed from the inside to the earths crust.
This won't happen over night it is going to take time but once there has been a couple more drill programs and gold is going to the moon because inflation is a given 100%. PEM is going to be one of the biggest finds of this century in the US mark this old Prospector words a find like this strike zone is very rare indeed.
Don't listen to anyone on here but yourself spend time doing a very indepth DD before you invest in any stock. The sad thing is a lot panicked the other day but the good thing is a lot of retail got out and investment houses bought in making PEM stronger.
I mentioned this before there is no way that PEM would have invited people like me down there to see those cores being pulled out unless they were good they wanted a Prospector there to see them. Yes that is part of my DD I phone the company always before I invest a cent in it, when I phoned and said I was an old prospector they invited me, that is the only connection I have to PEM and I would suggest you do the same, I think they have a toll free number.
There is no way PEM is going to go down if someone sells shares at this point before the next NR which is going to improve the OZs of gold to 1mil would be making a mistake.
If you watch close Desjardins has been playing PEM big time they hit the bid and drive the stock down but they are on the otherside buying back, they aren't the only one's doing this. This stuff happens all the time and everyone goes blah blah when really nothing has changed in this game except that we have the real deal here.
Now start bashing me for my honest opinion I just still want you all to know I love you all because we are all part of this. I just have a little bit of a hard time with the bashers who are willing to drive something down for their own greed which is obvious to all. Like I say I would sooner show my grand kids that I'm a winner and not a whiner Patience is golden before the fall PEM was at .70 for a good reason.
Bullboard Posts