Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Industrials Conglomerates

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

Bullboard Posts

Post by djanz12on Jul 03, 2015 4:27pm

87 Views

Post# 23890659

Oiltar

Back before I closed my account due to getting annoyed by pump and dump tactics, I bet a previous poster on this board, Oiltar $10,000 that PEM would be delisted. He said it would go to $1.00.
If you see this person do not believe anything he has to say. I am sorry this has happened. I own a delisted stock or two, so I know the difficulty. Remember that when a company only has indicated and inferred resources, they do not have any gold in the ground that is economic no matter what the presentation says. Only a RESERVE is economic, and measured resource is close.

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