Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Industrials Conglomerates

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 blairworkson Oct 25, 2011 10:57am

357 Views

Post# 19178901

Coffin to remove PEM

Coffin's last meaningful post here stated he had been down to the drilling sites and to expect some huge results. He also said that at 42 cents there would be much support.
Every once in awhile i like to check his public portfolio and posts as he has made me money but i have been lucky as many of his picks are temporary trades but he doesn't tell anyone that> Pump and dumps.
Everyone is responsible only for themselves. That said, PEM was removed from Coffin's public portfolio recently then added back on. Twice i have seen this happen with other picks of his and twice it was followed by a permanent removal and bad drill results. Why this happens? I don't care, but if it happens with PEM next month, it will confirm the trend.
Do your own DD.

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