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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
Bullboard Posts
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(3)
•••
Post by cigar1on Mar 25, 2011 4:17pm
368 Views
Post# 18342559

Well said Coffin...Beauty...

Well said Coffin...Beauty...Gold was down at the close $7.10 while the HGU (Senior Miners Index) was down -0.01%.
PEM was UP a fantastic +22.81% - not bad eh!

If this does not speak to the fact that the past news release was accepted and that probably extra good news is coming very shortly...just extremely glad that I'm not trying to be in & out at this time & just a'holdin' long!

As we closed on high volume & at .70 should we get a placement offer from a "big guy" I'm raising it to .90 for 20 million shares which would still be a steal but would set us up to drill everything possible and eventually have a buy out at a respectful price.

Good Luck, Have A Great Weekend & Next Week Could Also Be Just As Explosive - Of Course To The Upside!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities