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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 Jan 14, 2010 6:54pm
293 Views
Post# 16681031

RE Unglaciated

RE Unglaciatedthat is why gold is near the surface, you can map out unglaciated ground easy because it is untouched for a million years or more everything is intact including the gold, unglaciated ground makes a real good placer claim also for the same reason that is why there has been so many placer claims on this ground over the years, the gold hasn't been spread all over the country by the biggest bull dozer that has ever rolled over this earth, a wall of ice 1km thick.
I find it really amazing that there is a piece of unglaciated ground in that area. But neverless it is there.
Years ago we did recon work on a piece of unglaciated land in Yukon at the 10000 foot level the rhyolite domes were still intact and the top was flat with rock outcrops protruding here and there the edges were all burned a dark blackish brown from volcanic action. There was zinc everywhere but the company I worked for at that time only wanted gold and wanted to find it in Rhyolite structures. I got a funny feeling that is where the wolverine claim is.
You just gave me an idea I will bring some of my old prospecting pics I got some real good ones of that mountain.
GLA this old guy is pretty excited about our PEM
Bullboard Posts