Penbar Capital Ltd V.PEM

RE: WHY I ASK?

[nagged]

 i surmised a while back that maybe mr vint was here in two roles, one to do dels bidding and two, to check pem over for possible involvement by endeavour who may want a piece of it or maybe all of friday. there is definitly a lot of talent behind the scenes but the sp certainly doesnt reflect it and the guarded interview by mike O doesnt help. as always we will be the last to know. logically we have over 1mm oz's but cant raise money,what gives? at the end of the day if we cant raise money we are done. oileys post on ker about tmax not touching pem with a ten foot pole is very amusing if you can see thru the cra p as imho pem is playing right into their hands if they are looking to takeover. hte big picture speaks to me of acompany ready to break out , push ahead with drilling and sell a prospect for cash . the only fly in  the ointment is we are broke, in a really down,unloved sector so our hands are tied.all we need at this point in time is access to cash as everthing else is in place so we wait and see.