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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 naggedon Dec 30, 2011 8:37am
367 Views
Post# 19358945

RE: Put PEM in care & maintenance

RE: Put PEM in care & maintenance

 told in confidence my ash, dont they have a man on the board who takes part in all decisions? it will be absolutly amazing if this doesnt hit a nickle if dundee and friends are truly going to dump all shares into the market in the next few weeks.  if that happens i expect dell and friends to jump in at this low and i may join them  but then again if dundee sees something it doesnt like why should we stay?. pem has to relearn the basics of exploration, ie drill up one resource at a time and forget looking for easter eggs all over the place. that one decision killed investor confidence in this play as i suspected it would back when it crashed thru 60 so now  we have to play catchup at the cost of a pp or two that were avoidable sp wise. we need better mgmt period. big al telling us about the pp withdrawal is a perfect example.

Bullboard Posts