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 naggedon Feb 12, 2013 10:34am

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Post# 20974135

RE: RE: RE: L2

why would anyone want to hold us down as has been preached for the last 3 years? we ahve one hole pending from a known zone which at best will keep us even, at worst will send us back to sub 5. without earthshattering news about a partner or jv we are roadkill till money shows up and the drills start. i dont think even montana will be of much use anytime soon, at least until swc gets a new bod and a new direction. think about it for a sec, the russians left swc because swc couldnt make money in the highest grade deposit in the world but were really good at issuing shares and buying businesses/prospects they didnt need. as i understand it we have a very small section of the prospect that swc already had a tbm in but yet they didnt make an offer, strange to say the least. anyway hopefully before the fall approaches we will have many drills in the ground and our sp will be multiples higher.

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