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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
Comment by Boot1on Nov 20, 2011 6:00pm
409 Views
Post# 19252651

RE: RE: RE: Big Al..................

RE: RE: RE: Big Al..................Ziggy, I appreciate you rewording your post.  It's my job to determine whether you are moving from assumption or fact. As they say DYODD.   Saying that Al K was giving his 3 days notice Is what I was (most) distressed by.  I had to do some more digging, to find out whether there was any validity to what you stated.  Fortunately Al Korelin made beat me to another IR call, by doing two radio shows in quick succession denying that he has changed his thinking, and still vigorously supports Del Steiner and PEM.  Al Korelin didn't sound too impressed by SH, nor did he appreciate having word put into his mouth.  I glad to posted what you "meant".
I applaud critical and insightful thinking that gets posted on these boards.  I come to stockhouse, just to get the downside of the goings on in several holdings.  Other sites can be guilty of posting too many positive comments, without looking critically at their assumptions.  I especially appreciate when folks made well thought out comments,  post their assumptions, and show their thought process.  This allow the reader a deeper understanding of the potential downside, and risk of a company.
Having a month between News Releases certainly can get ones mind wandering.  I had to be careful not to read into this too far also.   I certainly hope that the news releases start pouring in, so we can write about things of substance (Au preferably). 
Bullboard Posts