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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

Penbar Capital Ltd
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Comment by don118on Dec 18, 2013 12:24pm
167 Views
Post# 22018561

RE:lol , haven't heard of permits

RE:lol , haven't heard of permits
Hammerbit you keep stating that it is protected under the clean water act issued from the Bureau of Land Management.....Is this all you know? I don't understand your problem. If anything is protected, it is not the end of the world. Do you actually think that the issue to what you refer is unsurmountable? Give your head a shake. You are beginning to be like a broken record...... I bring your attention to Formation Capital  (FCO).. I was a shareholder a few years ago and the same issue came up. Look at them now......  The Company's Primary asset, located in the mining friendly state of Idaho, is the 100% owned, fully NEPA permitted Idaho Cobalt Project ("ICP") which is comprised of the mine and mill near Salmon, Idaho and the current proposed Cobalt Production Facility ("CPF") for refining ICP mine concentrate into high purity cobalt metal, with secondary copper and gold credits. The ICP mine site is now fundamentally prepared to commence underground development (contingent on successful conclusion of mine financing).
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Dealroom for high-potential pre-IPO opportunities