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 Cussyon Mar 02, 2011 6:04pm

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Post# 18221843

Cut off grade...

Thanks for the info wood6411... OF interest to me was the cut off grade used... .20 grams instead of .5...
Remember, we already have a resource defined 400% the size of NAI and know with certainty that it will be significantly larger with the new 43-101 report. As well, our resource is using a cut off grade 250% higher... Personally, I would rather we stick with .5 cut off at this moment...

IMHO... PEM is in a completely different league than NAI for a plethora of reasons, but it is nice to here your concerns... You are correct that one never can predict with absolute certainty what an NI 43-101 report will look like until its out. As well, it is difficult to predict the direction the stock will take even with a strong report...

Cheers, and holding strong onto this puppy!!!
Cussy, the Windsurfer:)

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From now on, dynaCERT instead of Bitcoin or NVIDIA?