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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

Penbar Capital Ltd
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Comment by BigBallerson Mar 08, 2010 3:16pm
199 Views
Post# 16857129

RE: Different Perspective

RE: Different PerspectiveI would have to agree that the Chinese are looking for long term for all commodities...

I am not too worry about their cash position since its almost guaranteed that the Chinese/Aus will exercise their options, which will net about 3million~.

I hope that they will issue a news release when all their warrants are exercised, and possibly put in some other small points regards to their operational status within the news release too.

Overall, I am not too worried about the day-to-day fluctuations...

On the side note, there were quite a bit of Australian mining companies at the PDAC.... The Aus will probably become a fairly big player in the upcoming years in regards to mining.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities