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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 hotdogoldbugon Feb 27, 2011 9:46am
324 Views
Post# 18200840

on B-tv

on B-tvHere is another play with similar grades and a 43-101 at about 1.3 oz and 400k infered in west africa. Similar grades to Pem and 130m shares out. They do have around 40m cash and trade at $2.29

Thats makes Pem look on sale in comparison. Not that we dont know that. Good luck next week.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities