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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

Bullboard Posts
Post by Rockyswedenon Sep 21, 2011 5:00pm
295 Views
Post# 19068415

Keep your spirits up!!

Keep your spirits up!!Guys, keep your spirits up! To many negative emotions now. Even monkey3D is losing heart, not good..

Look around, not many juniors that is increasing in value now...

I agree that it is challenging times. However, those are the times when a man have to get his acts together!
 
First, look at the value in the ground. Based on the gold at friday, most of us agree that PEM should be valued above 1 CAD? So relax, right?

Second, they have drilled deep at ONE location along this trend and found a very nice gold zone. Of course they will find more zones, maybe it will take time though. Patience, patience...

Third, i think i have a good eye at spotting a con man. Mr Steiner, Ms Kopr and mr Ostensson seems like good and honest people all of them so i think it is unfair to accuse them of doing dirty tricks.

Don´t worry about further dilution if the stock price decreases further. I don´t think that they will do another financing at these levels. Other options might be possible. Loan? Selling of assets like friday or montana properties etc?

Lastly, I think that we would have traded above 0.50 CAD now if someone had bought just 100 000 shares when we traded at 0.45 CAD a while ago. If we would have closed at 0.46 CAD, we would have induced a technical move. Sprott, Dundee and some funds own millions of shares...My question is why buy 8 milj shares of a stock and then leave it to the wolves? I really don´t understand why they don´t protect their investment. The same goes for many other junior stocks....I don´t understand how they think. If I would had their ability to buy, i would have given bashers and shorters that tried to ruin my investment such hell that they would have never returned. And i am from Sweden, we are supposed to be friendly and peaceful people....

Bullboard Posts