Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Industrials Conglomerates

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 kenmaron Mar 23, 2010 5:29pm

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Post# 16915645

RE: Note page 13 comment on

I read this- "given the limited number of step out drill holes completed and wide spacing between the existing resource zone and step out holes, the new resource is not expected to add a considerable number of ounces to the resource."
It could be they're using the policy of underpromising and overdelivering but who knows

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