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

Bullboard Posts

Comment by JoeKoolon Oct 17, 2012 5:20pm

278 Views

Post# 20495378

RE: RE: RE: Premium Exploration Announces 8,000 m

That was my first question-approx. how much does it cost to drill 8,000m in 25 holes? and do we have enough cash on hand to do it?

Oiltar, you would think that if PEM was to announce a JV to do this 8,000m, they wouldn't only be using one RV drill to do it over a period of a few months. The JV company would probably want to drill it up asap.

Bullboard Posts

Changing Europe’s dependency on HREE from China