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Sparton Resources Inc V.SRI

Alternate Symbol(s):  SPNRF

Sparton Resources Inc. is a Canada-based mineral exploration company. The Company is focused on exploring gold projects near producing mines on or near the gold producing trends in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. Its properties include Oakes Gold Property, Pense Property and Bruell Gold Property. Its Oakes Gold Property is located in the gold producing area, on the extension of the Kirkland-Larder lake gold structural system. The Company controls approximately 46 mining claims and three mining leases in the Matachewan Gold Area, comprising about 736 hectares or 1472 acres. It has an option to explore the 39 claim (865 hectare) Pense Property in Pense Township, Ontario. The claims are located near the Quebec provincial border, approximately 25 kilometers east of Englehart, Ontario, in the Larder Lake Mining Division. It has over 51 claims in the Bruell property package, which is located in Vauquelin Township, Quebec.


TSXV:SRI - Post by User

Bullboard Posts
Comment by Bluetickon Jan 16, 2018 3:33pm
196 Views
Post# 27370748

RE:RE:RE:Hm

RE:RE:RE:HmI think what you may be missing about Sparton, Underwood, is that Sparton owns an 87.6% interest in Vanspar. Vanspar is a private company that owns 18% of Pu Neug, a large company in China. That math means that Sparton is the benefical owner of 15% of Pu Neng. Robert Friedland owns HPX and I-Pulse ( both private companies ) HPX owns the 82% of Pu Neng not controlled by Vanspar, and Robert Friedland is the Chairman of Pu Neng. Pu Neng already has a proven VRB ( Vanadium Redox Battery ) base in China on the Chinese State Grid. China plans on spending about 360 Billion during the next few years on electrical grid improvements and development with solar power being the priority. Battery storage will be necessary, so Pu Neug should be the recipient of Billions of dollars in contracts for the China grid. The only way to invest in all this future bussiness in China with Pu Neug is thur Sparton's 15% ownership of said company. I'm taking my chances with Friedland on this one.   https://www.bloomberg.com/press-releases/2017-12-05/sparton-resources-inc-puneng-energy-announces-appointment-of-new-ceo-jatxasp1     and     https://www.marketwired.com/press-release/sparton-resources-inc-pu-neng-energy-announces-major-vanadium-flow-battery-contract-tsx-venture-sri-2239376.htm      ....Bluetick
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