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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 25, 2009 9:18am
219 Views
Post# 16246554

PEM going to be HUGE

PEM going to be HUGEnice to see an experienced Geo like Mickey Flip on board who knows geology and can see the potential of this 28 KM strike zone that has a good established width and a 43-101 in place with 531,000 OZs. close to the surface. How about the historic placer claims that mined 4 million ounces over the years there is lots more where that come from on this shallow drilled strike zone that had mineralization on the core samples at the bottom depth. That is what excites me what is below must be huge that is why there is an estimate of 4-10 million ounces on the Friday Petsite claims. 
The next holes should improve PEMs resource estimates big time because the core samples had visible gold and had to be fire assayed.
There is a lot of interest in this mineral rich strike zone that is definitely one of the best gold anomalies in North America hang on for this ride folks we are from from done with this modern day gold rush no where to go but up.
Bullboard Posts