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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 opeechee8on Sep 14, 2009 8:19pm
375 Views
Post# 16305231

If I had a million dollars ...

If I had a million dollars ...     I would be rich!!!  Actually on a serious note, if I had 3 million dollars and bought the PP my bet is that the shares would surge to 36 cents in 1 week!  3 million ought to cover the remaining 40,000 feet worth of drilling
 (phase 2 &3) .  Some rich guy could double their money in a week!  and in less than 2 years make some serious
coin (gold).  Still awaiting the NI 43-101 proving a million ounces.

from the Premium website (they have the goods!):


Highlights from the Cyprus-Amax and Kinross drilling from the high-grade zone:

C008:                7.33 g/t gold over 16.7 meters (0.24 oz/ton gold over 55.78 ft) including:

52.05 g/t gold over 1.6 meters (1.67 oz/ton gold over 5.48 ft)

PC010:             4.58 g/t gold over 68.6 meters (0.15 oz/ton over 205.33 ft) including:

12.11 g/t gold over 19.8 meters (0.39 oz/ton over 64.94 ft)

            75.09 g/t gold over 1.5 meters (2.41 oz/ton over 4.92 ft)

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