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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Comment by blairworkson Nov 02, 2011 10:23pm

212 Views

Post# 19204239

RE: RE: Certainly we will get some results from

most warrants are held by the institutions. If they have confidence why would they sell over 30cents when it's a long term project?

maybe they sell and then drive the price down lower for another sellotu low pp?

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