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 Jun 04, 2012 4:29pm

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Post# 19978781

RE: RE: Midas

i dont think anyone doubts that there is a lot of gold at the oz, the problem as such is who is going to benefit from it. if tmax or anyone else wants pem why do they need us? they are quite capable of finding gold without our mgmt or us as shareholders. if tmax is as savvy as most are lead to beleive then pem will be bought out, period, not mergered,jv'd or partnered. we need a miracle and soon. the gold bull could be dead and gone before pem wakes up from its 12 month nap.

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