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 Mar 12, 2014 8:15am

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Post# 22311941

RE:Wind00 is correct in saying .................

as i understand it no one is trying to increase the resource by any huge amounts rather they are trying to prove up enough highgrade to go into production . chasing veins is how you mine underground and hopefully cross your fingers, this will happen and provide the revenue to further advance the project. previous mgmt forgot the golden rule of taking care of its investors first and foremost and burned us all, hopefully current mgmt are on our side as i dont give a hoot about the project and all its merits if we are to be slung under the bus again. hopefully by xmas this will be back on the rails.

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