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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 Apr 26, 2012 11:29am
51 Views
Post# 19838917

RE: Hey Flex....see the SWC numbers today?

RE: Hey Flex....see the SWC numbers today?

 most people interpret  the orientation of the  mine towards sru property to indicate that thats the way the deposit is running. if true then the layers or lenses (read vez) dont make sense. my take here is that the deposits are oriented like the vez which sru owns and the reason for the mine orientation of east/west is dollars and sense ,lol.  the tbm needs a portal for entry and removal as it cant make tight circles so the use the eastern edge which is a valley and build pads with overburden to facilitate entry and removal of the tbm. the tbm goes in till it hits the claim boundary , the cutting head is removed and then it backs out through the entrance, moves north and cuts in again. i extremely doubt that the deposit and grade cuts across all tree properties and it appears to me that looking at the vez that the feeder zone would be to the east of it. considering that one can find no reference to the so called penny stock with the highgrade it leads me to believe it was bogus in the beginning.fwiw.

Bullboard Posts