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 21, 2012 9:13am

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Post# 19930559

RE: RE: I'll take oiltar's job for a change...(-:

the biggest mistakes were not financing at the upper limits of sp which would have rewarded us with plenty of capitol so we could have continued drilling. the sp could still crash but at the very least we wouldnt have lost a years drillling,saved on dilution and had cash in the bank. now we are at the mercy (lol) of the markets who show no mercy to the weak. that years drilling could have had us sitting pretty about now.

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