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

Bullboard Posts

Comment by naggedon Apr 25, 2012 11:35am

183 Views

Post# 19833939

RE: RE: RE: RE: here's my take

the chrome property on a good day is probably worth around a half million to a million as an exploration property. that would be about 10 to 15 % of what we need . as for being beat down, hang on to your seats cuz this can drop a mite yet maybe down to .05 if the sector doesnt turn around. for the last year we had a steady push down with more leaving than entering, hence the drop. pem is like a frog on a freeway with its hopper busted and crows circling with no friends to help, something most here couldnt envision even 4 monthes ago.maybe if the new asian pm futures gets moving in june/july (the specified time) it will shore up the pm's worldwide. the whole junior space is getting smacked hard with no end in site so i expect some buyouts to start in the next few months when the expected turnaround starts. goodluck all.

Bullboard Posts

Sony’s Alpha 1 II: A new professional photography standard?