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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 Mar 28, 2013 5:12pm
134 Views
Post# 21183057

RE: RE: ??????????

RE: RE: ??????????

the jv aint in place till the tsx approves it, that maybe monthes away .  lots of time for a better offer if there is one out there. yesterday all we had was hope that someone would save the company somehow and step up to the plate and today it happened and everyone is mad.  3 years ago maybe someone would have paid topdollar for idaho but now money is real scarce and they smelled blood.  they got pem for a half mill as the drilling had to be done anyway so thats the price of failure,failure to make hay when the sun shines.  pem is no diff that another 800 to 1000 tsx co's, most who will see their claaims revert back to the gov, sh's completely burned. most of you miss the big pic,,  we just got picked up by big money, lgr 15 mil o/s . their is only one reason to have a co with low o/s;;;;;; to run it up. we are in bed with SB, one of the biggest promoters in canada whose co is tailor made to run up and take us with it. if osk want us they have to step up or shut up, either way osz will be drilled and if it is viable we will be sold  and rewarded. do your own dd as always but i expect this is going up when the deal gets done and the drill starts turning. big al convieniently silent lol, they will wait till the smoke clears next week to open their pie holes. 30 cents is guarenteed when the market turns  and the drill turns imho and thats almost a tenbagger from here.

Bullboard Posts