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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 11:00am
327 Views
Post# 16247035

J Taylor on BNN

J Taylor on BNNat 10am today said PEM has a great upside value. What I liked most he said PEMs management is into discovering gold, which they have done. I can't help but think that there is someone that wants to pick up this small market cap gem and start a mine Buffalo Gultch has the permits and is ready to go.
With the gold close to the surface makes it a very good investment for the right person, I posted awhile ago that is probably why there is a black out, my guess is not only a NR on the core samples but that someone has put an offer on the table, PEM is a very undervalued small market cap exploration company with a 43-101 and a feasibility study in hand. PEM has had approx. 7mil already invested into it which is huge for a small junior like this. You do the DD looks good to me. 
Bullboard Posts