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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 naggedon Jan 07, 2013 8:35pm
301 Views
Post# 20807994

reality

reality

since 2007 the inflows into markets have been decreasing about 20% per year and the juniors have been hit especially hard. two years ago we were all google eyed hoping for 10, 20,30 bucks or more per share if this could be proven to be the monster we expect /suspect it to be. now with every passing year the chances of a major home run diminish as capitol flees the markets and projects get shunned, as retail and corporate cash hide or go where its better treated. if this doesnt get moving soon it could very well wither on the vine, especially if the fed gets it into its head to seize or freeze pm's in the usa. hopefully this will be the year that money flows back into the viable prospects and the wing and a prayer co's die to make way for capitol to move into the best projects. 90% of tsx co's imho are pure moneypits or scams with no hopes of ever being viable and this is certainly eating into the cash pool. velocity to the south is looking pretty peaked as of late as an example. i just hope and pray that we are right and sit tight, as this thing gathers speed. goodluck longs as always.

Bullboard Posts