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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 Sep 12, 2012 7:18pm
225 Views
Post# 20354436

RE: RE: ducks lining up

RE: RE: ducks lining up

it was oiley i believe who came up with that one last year hence the lol. in all fairness if del can get his way and develop it and piece it out its worth possibly $5 per share  or more a pop for each discovery(deposit) and it appears we have probably have  a half dozen of those so far . even a legacy deal where we get bought out and get "dividends" for each found oz is possible. it depends on the partners in the deal as is it a partnership for the future or just a look under the skirt and a complete takeover. being that del cant talk but can only hint i have a feeling that our fortunes are about to change. remeber rvc halfway thru a drilling program with 4 million ozs getting taken out for 10 bucks? like big al says we dont know what the future will bring but it appears like this sleeping beauty is about to wake up and the prince (osk) is loaded, now aint that what every parent (shareholder) wants for her girl (project) ? it all comes down to the spin of the wheel and this could certainly run right off the tracks again but ya gotta try. if we get a mega drill program, a nr of another interested party, the start of a pea etc this could finally takeoff . 

Bullboard Posts