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 rallydriveron Jun 21, 2012 7:18pm

212 Views

Post# 20041708

RE: RE: RE: RE: RE: L2

interesting isn't it?

Some folks here think Montana properties might be worth more than Idaho properties.

Some folks think Idaho has awesome potential.

Yet PEM just will not release anything significant about Montana. The studies were supposed to be completed long ago. They have had the properties for years. Makes think either there is not much there, or if it does have great value, as some speculate, then has PEM withheld significant info?

Idaho - still waiting for a proper 43-101 to be submitted. How long we been waiting on that now.

So far, all we have is 2 properties, standing still, worth about 7 cents a share.

WooHoo!

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