Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(0)
•••
Post by tradesmart1on Aug 20, 2009 8:07pm
311 Views
Post# 16236229

PEM is just calming the water...

PEM is just calming the water...Management were not impressed with CIBC's tanking of PEM prior to their last news release. They were also disappointed that all the hype leading up to the NR and some nervous nellies who started a stampede out the door before anyone had time to even read the news release properly. This time is different.

This time round many of those who hopped on the bandwagon on the basis of hype alone got burned so I doubt many are back now.  There hasn't been as much hype this go round as I suspect some people came to realize that killing the golden goose by over hyping isn't such a wise move after all.

The results last time were good, no doubt about it and the resource is definitely building up. The additional assays coming I expect will be good as well and I expect the share price this time to rise rather than get pushed down... for a number of reasons.

For its part the company wants to quell any crazy speculation and not contribute to the chatter that occurred last time with anticipated release dates etc... this time they are calming the water and will be in charge to pick the best time. All good far as I'm concerned.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities