Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Industrials Conglomerates

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

Bullboard Posts

Post by Greenstakeon Aug 13, 2009 11:21am

363 Views

Post# 16215866

Share price going DOWN not up....

It doesn't take a genius or a boater or a miner to realize the share price is dropping down. Where it ultimately ends up is anybodies guess at this point.

I see on level II we have the daily 50k phoney bid which is there everyday to try and encourage people to buy up PEM then it gets pulled whenever people sell down into it. Ah, the games people play when money is involved.

On the positive side no one is disputing PEM has a good deal going for itself. It's just that all that hyping got right out of hand and has caused harm to the stock and investors are leaving the play until it settles down and it still isn't there yet
unfortunately.

\O/\O/\O/ Go Pem Go \O/\O/\O/

Bullboard Posts

Eminent acquires promising Nevada gold project