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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

Penbar Capital Ltd
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Comment by naggedon Apr 25, 2012 10:10am
175 Views
Post# 19833254

RE: RE: here's my take

RE: RE: here's my take

 all i see now are more delays as pem couldnt find shareholder value in the good times, let alone now. as for montana where is the value? its never been drilled to any extent and we are against the wall, basically broke.  if montana had any value i am assuming stillwater would have made an offer long before this as they know the area better than anyone. i am guessing but i think the plan is too infill friday,release the results when it will get a reasonable result and then look for more money. maybe the idaho govt gives grants or will get involved but the latest pp wont last long and i expect investfunds will wait for the new holes before venturing in. we need a backer at this point. i hope im wrong and it flies but i dont think so. if we could sell montanna and fund the coming 15000 m program with it, im in agreement with it.

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Dealroom for high-potential pre-IPO opportunities