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 cigar1on Apr 25, 2012 7:23pm

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Post# 19836473

Mike Speaks?

Thanks Joey for the post (thanks Gnote but he was quicker) and for all of your very good and informative postings.

If I heard right they would like to test the boundaries (assuming that's Friday) & also drill some "finding or should I say discovery" new holes, but not exactly sure where those would be? In my opinion, Mike was not being very explicit or forthcoming in this interview!

Was it just my thoughts or possibly misleading prior posts that indicated/suggested that we would be spending all "new money" on RC Drilling of Friday to increase our known gold reserves?

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