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 15, 2010 2:48pm

292 Views

Post# 16884287

RE: RE: Share Price Drifting Lower

Is that a joke haha?

I was talking to Christine about Pro-Edge as a matter of fact, and were told they were doing a fairly well job, and that they are always monitoring their performance.

In my opinion, Premium needs to hire maybe a business oriented person for a COO position.... Right now from what I can see is that their exec team consist of mainly geologist and the CA accountant.

Of course one can say the cost associated might not be worth it, but I think the company's short term and long term strategies will be implemented more efficiently.

Hopefully the internal resource won't be delayed for too long considering it's their main priority as of right now. Meaning everything else is put on hold.

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