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 cigar1on Apr 18, 2011 2:21pm

258 Views

Post# 18447892

In June 2009 Casey Research put out

some graphs showing the best months to buy gold along with a graph when to buy gold stocks which were October and July - the graph showing those 2 months to be the weakest months for gold stocks.

Of course the gold stock graph also showed the very best months for performace in gold stocks and they were:
May - Nov - Dec - Jan - Aug.

If May does repeat as one of the best months for gold stocks & PEM comes out with good news releases then it really could light a fire under the share price.

Unfortunately, I only have hard copies of the graphs so you will just have to take my word for it.

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