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

Penbar Capital Ltd

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Post by naggedon Apr 25, 2012 9:03am

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Post# 19832836

here's my take

we have no more news /holes coming so we will wait until more holes are drilled, hopefully soon. other than a sale of montana assets or a partner we will be at the mercy of the markets until the situation changes. expect lower sp's until the gold market mood goes very positive. rick rule has a good piece on gold seek talking about the junior space. goodluck folks cause its gonna get rough before it gets better, these guys got 2-3 monthes to pound it down and make the longs squeel imho. roll the dice.

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