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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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Post by Cussyon Mar 31, 2011 8:51pm
195 Views
Post# 18370627

Quick environmental answer...

Quick environmental answer...
The type of deposit (ore) this is will not release the toxic bi products that the environmentalists are so concerned about... As well, the position of this deposit with regards to rivers and streams and run offs is not a concern... 
Can't go deep into it right now, but the bottom line is that we have the green light from the BLM (Bureau of Land Management) and the Forest Service... Further, if you look at other projects in the area, (example) Mosquito Consolidated (planning massive open pit for moly) and others, the State of Idaho has allowed steady progression and has a very positive stance with regards to mining from both an environmental level and economic level...
 
I will get provide some more info on this later...
Cussy, the Windsurfer:)
 
PS... Reasonable and good question by the way! :)
PPS... 1g ton = no problem depending on type of ore (properties), distance to mill, resource tonnage, ... As well, a very important aspect can be the extra mineral credits like silver, copper, zinc, cobalt, etc etc.... that are found... (Not suggesting any of these credits are present here...)  Finally, newer technology and innovative techniques are allowing us to "refine" so to speak the raw ore before final processing which can remove a lot of extra waste ore drastically increasing the proportionate mineralization... Things like this can greatly increase efficiency and lower the cost of production... LETS SEE WHAT THE TRUTH MACHINE DRILLS UP!!!!  :) 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities