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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 Cussyon Jan 13, 2010 6:27pm
387 Views
Post# 16675799

Better read up tonight

Better read up tonightThe writing is on the wall...

Go to the website... Look at the map, print it out, and write down all the grades...
There is a ton of gold all over the place... I would suspect that the next step will be to pop holes in the ground all over the place to prove this resource up... It looks like there are a couple of sweet spots with consistant gold showings connecting them.... I would be t we are in for some more surprises as they pop holes in the ground...

Financing should be no problem at higher prices as there is enough current clear evidence now that the resource exists... I would bet that a financing will be planned out pretty soon, but they will probably get far less dilution now that these results are out brfore the show....

We have another PEZ here... I think 2$-3$ bucks is in our sites. I woud like to see the price taken up to over a buck, then a small financing (5 million ish) then $2.50ish  financing....

Eithor way... Results say we go up from here... There are always those who sell on news, but those are week hands that should be traded out... normal and healthy for these plays... Those who understand the resource will not be giving there shares away.

Cussy, the Windsurfer:) 

PS... Congrats to those longs who have kept the faith and held based on prior holes!
Bullboard Posts