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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

Post by hedgehog11on Mar 06, 2021 4:22pm
175 Views
Post# 32736988

Attention Value Investors!!

Attention Value Investors!!For those looking for riduculously undervalued stocks, SRI's market cap has consistently been around $10M for the past months.  SRI owns 10% of a Chinese VRFB company called VRB Energy.  On Friday, it leaked that VRB just signed a 40MW/200MWh battery contract in China. https://twitter.com/VanadiumWorld/status/1367823336491806723
  This battery contract is worth an estimated 50 Million dollars.  This means 5million dollars of increased value for SRI.  VRB has not officially news released this yet, but will be doing so presently.  SRI's market cap has not yet moved yet to reflect this $5M increase in its value.  This is the perfect value play.  Once the broader market catches on, it will move up to reflect this increase in its intrinsic value, and it will be too late.  
Buy now, thank me later.
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