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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Post by tes1936on Jul 30, 2010 3:31pm

496 Views

Post# 17311736

Isn't this crazy?

Even at 50 cents, with the results coming/results already in, PEM is still undervalued by 50 cents, with the Gold resources we have, SP should be over $1.00...($1.41 according to Oly)

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