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 JoeKoolon Sep 07, 2010 3:27pm

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Post# 17421142

PEM, the next ATC?

The key for us is if continued stepout holes along the 28km zone keep hitting with decent results. They have to do some infill to increase the total ozs. but where we'll really move is if we can keep hitting with 100m spaced stepout holes. If we can hit a few more of these 100m interval holes along strike the SP could easily be multiples of what we are now. Fingers crossed.

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