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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 May 14, 2012 2:48pm
208 Views
Post# 19907017

RE: PEM IN PLAY?

RE: PEM IN PLAY?

sounds good till you think about it. tmax has no interest in paying for what its worth and would only be buying at vulture prices so the 43101 debate is a non issue . with a 10 mil market cap and 2mm oz au deposit hitting gold in every hole and with tmaxs knowlegde of the property i can say for certaint that the they are not worried about the report. a fair price for friday would start at 130 million with a good report, 13 times our market cap and if an offer comes it will be under 50 milllion, 43101 or not ,jmho.

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