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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 Rockyswedenon Apr 16, 2011 10:45am
264 Views
Post# 18441040

RE: RE: RE: RE: The Close

RE: RE: RE: RE: The CloseHello blairworks,

Thats not what i meant, i know that no one have stated that PEM are undervalued at these levels. Sorry, it is a little bit hard to be crystal clear since english isn´t my native language. 

I have read several times statement like "why don´t PEM move" "why aren´t it more buyers at these levels"  "what is wrong with this stock" etc etc. I just wanted to say that i read almost exactly the same statements on the ATAC (v.atc) and Wildcat silver (v.ws) boards when these stocks were at 0,6. NOTHING is wrong with PEM, we are just flying a little bit under the radar. This stock will explode just like ATAC and Wildcat! We must have some patience, if a trend is confirmed with another big gold finding we will go absolutely bananas. But if we reach 1 or 2 Cad soon, the bashers will surely come and state that PEM is overvaluated. That will be rubbish, if a trend is confirmed, PEM might reach 10 CAD in 1-2 years.

I made a shitload of money on ATAC all the way from 0,6 to 6,5 when i sold. Unfortunately, i also owned Wildcat silver but sold on 0,56 a few weeks ago. I won´t make that mistake again! 

Good luck guys! Best regards from Sweden.  
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