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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 May 21, 2012 8:05pm
153 Views
Post# 19931647

RE: RE: RE: RE: I'll take oiltar's job for a chang

RE: RE: RE: RE: I'll take oiltar's job for a chang

as compared to being out of cash in a down and out market? we may not have liked it but it would have been paradise by the dashboard lights compared to the penalty we paid since. it would have made the difference between cashed up and drilling or broke like we are now. great ceo's plan ahead,anticipate turns and take advantage of every opportunity they get,every chance to get ahead or like us you put all your trust in one entity who bails when you need them most. any way you slice it we did fins at the bottom and one lesson should suffice even the dumbest people,once bitten twice shy. if del had financed at a high and pulled it off we would have had 2 million ounces in the bag last christmas and still be drillin and would be proud he did it.  i know its water under the bridge but financing at lows isnt the hallmark of a pro, especially twice .

Bullboard Posts