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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
Post by Cussyon Sep 21, 2012 3:51pm
474 Views
Post# 20397565

Look at those drill plans!!!

Look at those drill plans!!!

I think we have all been waiting to see what the OSZ is made of... I know that PEM has wanted to pop holes along the entire trend for quite some time, but of course has not had the cash to do it... Looking at the drill plans, it would appear that they are getting ready to do just that. I will be watching these results very closely over the next 2 years. There must be some sort of cash coming or some sort of JV because PEM can't do it based on what their financial position is right now... I have a strong feeling that there are some big surprises on the way. As well, It is nice to see that they are planning drill holes sourounding the old VLC box of claims, which should indicate what is potentially in the VLC ground. It has been a long and windind road, but things are starting to look very interesting once again.

 

Cussy, the Windsurfer:)

 

Bullboard Posts