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 Apr 11, 2013 10:05am

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Post# 21241038

RE: Does anyone believe....

touche flex, and if pem ever gets to oileys lowball $30/share i will be the first to apologize to the board. of course now that we have optioned 75% we can only expect 7.50/share .this permitting that is in the works is apparently experiencing teething pains with no apparent due date .as for the 200 holes getting permitted and drilled, dont make me laugh cuz if you look at the latest md/a you will see that pem blew 20 mil, give or take so far on 1.2 million oz. unless there are drastic changes that 5 mil will bring another 4 to 500,000 oz. big al got this figured out for any who are so inclined, i think the dinner dates are over.

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